MeDroogies,
<<I would say is that if they were buying, I'd buy in a flash because it means they know something and don't care if they are overweighted>> Agreed, completely.
<<It has nothing to do with their vision of whether the company is doing well or not, it has to do with the expiration of options, the need to diversify............>> This is where we will agree to disagree. If you delete your "nothing" in that statement, I will agree ex: Gates sells his stock all the time. However, when a officer MAX'S out his SEC allowance, especially 2-3 quarters in a row, you would do yourself a favor in taking notice. It is more than pure coincidence that their stocks tank after such massive selling, re: massive selling = max selling.
It would indeed be a unique experience if Waite, or Dell, or Ellison maxed out a quarter unless they wanted to buy a fleet of 7 meters. In Mickey's case, we're talking $400 mil + per quarter.
In any event, it payed off handsomely,
Best,
Bill/WA |
