distinct pattern
It's really difficult to assess a meaningful pattern, one that would assign sales to their appraisal of the company's future fortunes. For instance, it looks like a million or so options were granted at $17.47, which was either 2003 or much earlier (does it matter) and dumped more or less recently. Roberto Padovani, for instance has been exercising and selling 10,000 shares a week since last November, a lot of them bought at $17.47, Paul too. Sulpizio dumped 500,000 in May acquired at $16 something, perhaps granted around the same period.
So if a lot of shares become exercisable at the same time it looks bad. I prefer Padovani's 10,000 week to the 2,000,000 reportedly dumped by whoever manages IJ's stock on June 9, when the stock traded 17M shares and dropped a buck and a half.
[edit: I really am unsure of what I'm looking at here.. I don't understand even if what's in the tables reflects what really happens]
[edit 2-- basically, again, I just need Q to stay off the SEC s-list] |
