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CIMA7

08/15/17 8:35 PM

#125103 RE: Chas42va #125101

You make very good points. Money is not everything. Quality of life is a MUST I have learned. I'm going to guess he bought a boat! :)

Insiders have an opportunity to sell five days after the quarter has been reported because theoretically all information has been reported to investors.
Consequently insiders and outsiders are on equal footing. It could be he just needed 300,000 for to buy a boat or a house.

He still has over 2 million shares which would be 66% of his shares left

There are many reasons an Officer might sell but don't forget that Tony bought a significant amount and that ( buys ) are a true tell

Metal Jockey

08/15/17 8:47 PM

#125105 RE: Chas42va #125101

The only issue I have with this is the word 'theoretically'. In reality, I would think officers would know what's coming down the pipe 3 to 6 months from now.

PayMEmf

08/15/17 9:18 PM

#125111 RE: Chas42va #125101

Great post thx chase!

DMN

08/15/17 9:25 PM

#125116 RE: Chas42va #125101

Good point regarding Chung!

Yes, not worried about Hauck's sale or what the share price does in the short term. Let's see where we are in December.

rige

08/16/17 5:00 AM

#125146 RE: Chas42va #125101

Thanks for the information on when insiders can sell, so he had to wait at least 5 days after Q2 results where published on 8th August, then he sold 1,561,667 shares on 14th August.

Sounds like he needed to sell for whatever reason and had no choice but to wait until after Q2 was made public..

He still has 2,282,000 stock options that are in the green.