Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: MeDroogies who wrote (2408)	3/17/2001 4:28:36 AM
From: Bill/WA	Read Replies (1) of 74559

MD, holding no positions or agendas in this discussion - re:<<People in his position (check all companies, CEOs and Presidents) are given one open opportunity a year to sell large chunks of their holdings.>> actually, the SEC limits the sell PER quarter of these individuals and their holdings (re: examine the history of Mickey Dell's selling per quarter). in such a case, if my company had lost 50% of its value and I KNEW that that the future looked bleak enough for another 40% drop by the next quarter, I would indeed max out my quarterly sell limit before the end of the upcoming quarterly reporting period. Regards Bill/WA

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