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Re: julescat post# 1757

Thursday, 02/24/2011 10:58:02 PM

Thursday, February 24, 2011 10:58:02 PM

Post# of 20689
jules,

For your information, a advance 10b plan protects a insider from lawsuits if he sells his stock and then something happens to cause the stock to drop.

A 10b in no way obligates a insider to perform a transaction. If he didn't sell there would be no reason for a lawsuit. Period.

Every one of todays sellers could have stopped their sales with a simple phone call.

Maybe if YOU read up on 10b's you would know something about Automatic Sales.