InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,469.30
(
0.39%
)
US TECH 100
19,244.80
(
0.36%
)
Dow Jones
39,112.16
(
-0.76%
)
Brent Oil
84.96
(
0.91%
)
Bitcoin
61,405.73
(
-0.66%
)
Post# of 252359
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (6) Keep Next 10 Report Keyboard Shortcuts
Replies (6) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 833
Posts 119916
Boards Moderated 17
Alias Born 09/05/2002

DewDiligence

Member Level

Re: ariadndndough post# 159285

Thursday, 04/04/2013 4:54:18 PM

Thursday, April 04, 2013 4:54:18 PM

Post# of 252359
From the ARIA CC transcript:

[Harvey Berger]: “If I could buy shares today, I would buy all the shares that I sold and tenfold more. Today. But I can't because I know more than everybody else about what's going on in the company and what to expect. But there should be no doubt I would buy these shares in a second.”

This is a ludicrous and unprofessional thing for a CEO to say when he just established a 10b5-1 selling plan. If Berger’s statement were really true, he could simply terminate the 10b5-1 plan right now.

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

Public Reply Private Reply New Post
Keep Last Read
Replies (6) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (6) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up