CBA Florida Inc. (fka CBAI)

[morley480]

He said that it was for personal reasons and it was a tiny percentage of his holdings that he sold. That is good enough for me. Thanks for sharing the message, Dew.

In Canada, there is legislation that protects the professional/personal boundary. However, I realize that the CEO of a publicly-traded, fully-reporting company has many extra informational obligations to his shareholders.

The guy only has a few windows of opportunity in the year to sell any shares and he is carrying 2 houses, one in California (not cheap).

I am prepared to give him the benefit of the doubt. Who amongst us does not have things we need a chunk of money for, at any given moment. Some personal expenses are discretional, some are not.

Since he was far from getting top dollar for his shares, I am guessing he needed the money now. We all trade one stress against another.....which stress will feel the lesser for me in any given scenario.