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biomaven0

12/06/16 10:19 PM

#206699 RE: DewDiligence #206697

>>10b5-1 selling is rules-based

And you can make any crazy rule you want. So you could say sell when the volume on some day exceeds a minimum.

On twitter, some folks I follow have been complaining about BLUE CEO's sales, which they complain are irregular and seemingly well-timed.

Of course in theory a company could decide when to release (certain) news based in part on the timing of upcoming sales. But I really doubt that actually happens except very rarely indeed.