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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5490

Tuesday, 09/11/2012 5:54:08 PM

Tuesday, September 11, 2012 5:54:08 PM

Post# of 30493
HNZ has had some sizable insider selling from three executives in the past few weeks (since announcing FY1Q13 results):

#msg-79458394 CFO
#msg-79458546 General Counsel
#msg-79458619 SVP, Finance

HNZ is trading at an all-time high, so it’s reasonable for executives to take some chips off the table; however, I don’t like insider selling when the amounts are substantial, as they are here.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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