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reallybadtrader

05/09/07 11:04 AM

#5723 RE: siriusadult #5717

OT - From what I read the management had a very small window of when they could sell shares and this was one of thier first opportunities. when most of executive pay is tied to options, it makes sense to sell a little bit when they can. Executive pay is being so scrutinized right now, but that is a good thing for the most part.

There is a actually a new regulation that I am seeing more and more executives take part in which they have a pre-arranged stock sale so there is no question if they are trading on inside knowledge. They can set it up so every quarter they will sell X amount of shares at the market. Makes a lot of sense, most people aren't aware that this goes on and people get crazy when they see insider sales but they dont realize that many of these sales have been pre-arranged.

Just a tid-bit I thought was interesting.