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Non-Tech : CompUSA (CPU)

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To: stock talk who wrote (2654)6/18/1999 10:36:00 AM
From: sydney  Read Replies (1) of 3187
 
Someone asked why someone would sell that many shares for $700,000. Many times insider selling comes about for home buying also ( just an example)...as homebuilding is at a high in that marketplace...the smaller stuff is just pocket money...Happens all the time...It is more important to see how many shares that person may own also...it may be inconsequential...also medical/life change situations come into play as well...very difficult to know unless you know the individual selling. Know insiders of other companies who have sold for just some of the reasons above.
276 million shares changing hands on the NYStock Exchange this morning...history making.....times are good!
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