its not about "founders" its about having money (yes) demonstrating confidence (no) and buying a cheap stock because it is going higher (no)
he has certainly cashed enough sunw checks at much higher prices. he is the CHAIRMAN with a tall stack of hundreds in the bank and not buying here says EVERYTHING. In fact he is SELLING here.
9-Aug-04 1,300,000 SUNW Sale at $3.51 - $3.54 per share. (Proceeds of about $4,583,000) 6-Aug-04 1,026,895 SUNW Private Sale at $3.47 - $3.49 per share. (Proceeds of about $3,574,000) 6-Aug-04 2,473,105 SUNW Sale at $3.50 - $3.57 per share. (Proceeds of about $8,742,000) 6-Aug-04 4,800,000 SUNW Planned Sale (Estimated proceeds of $16,896,000) |