Replies to post #175784 on Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

Zeev
2:36PM Xilinx CEO sells 50,000 shrs (XLNX) 37.27 -0.31: Disclosed in an SEC filing that the C.E.O of Xilinx (XLNX) has sold 50,000 shares at a price of $37.52, exercising option at a strike price of $7.95. According to the filing, the amount of securities beneficially owned following the reported transaction is 67,056.

Translation:
CEO dumps about 50% of his shares.

[Paul A]

heh well either this is just the final 'gasp' and shorts are throwing in the towel or we are heading much much higher here..

Alot of panic buying here in the last 1/2 hour.. but I think Ill just take my cash home tonight and see if they gap us another 100 points at the open tomorrow.. this is nutso..