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Wednesday, April 17, 2013 12:53:49 PM
Folks directors sell shares all the time for a variety of reasons, often due to tax reasons for shares they have been granted. Those shares are typically restricted, therefore they pre-plan sales when the restrictions are lifted. I remember in 2006 when Jobs unloaded a few million share granted to him by Apple. The message boards lit up about Steve bailing on Apple, having foresight into Apple failing, and some even accused him of bailing because he knew Apple's books were cooked.
If insider sales were an indicator of a stock's ability to perform then every equity on the market would be at 0!!! Get over it already
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