Replies to post #20167 on NetList Inc (NLST)

[100lbStriper]

thats the overall impression i get given what we know and him selling. lets hope for the best ! we'll know how much in less than 30 days i believe. oh and i almost forgot, april trial as well with scumsong !!!

[Jetmek_03052]

He might have. But I tend to doubt that was the reason.

This guy had just acquired 8,770 shares in stock options and converted them @ $41.56. He then turned around and sold 28,228 shares @ $87.24, pocketing roughly $2.47M. After the transaction, he still has over 203K shares, which means he only shed roughly 14% of his holdings, retaining 86%.

https://www.sec.gov/Archives/edgar/data/723125/000156218023008577/xslF345X01/primarydocument.xml

I think probably he saw MU near its all-time high ($91 and change in 2021) and decided to take a little off the table. Gave himself a nice little Xmas present.