Wednesday, August 08, 2012 2:25:22 PM
First, I am certainly not happy about insider selling! This is almost always not a good sign. I try to think about why. Does JB and CJ need money for dog and cat food? I really don't know but if I was in their shoes, with no cash income, what would I do. I need to feed the dog and cats or I know that Ultra is going to come through with a good contract. Since I have so much BORK stock I want to sell some so I can go to Petsmart and get some food.
Perhaps I have enough shares that I can sell some and get money for dog and cat food now and still have enough for getting a good return down the line. Let's sell some now and feed the dog and cats now and provide for me later.
Registering through form 144 keeps me legal from any incrimination's I will sell some now and keep 90% of what I have to make my life happy later. I don't know what else to do!
Form 144 makes my life secure because I have followed all the legal rules about selling 2% of my stock. No SEC recriminations about dealing under the table. With positive things happening in the future I will be alright with the bulk of shares I have.
Short term is not important but long term I will be in good shape.
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