Roger's 1998 Short Picks Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Oeconomicus who wrote (3665)	2/26/1998 5:42:00 PM
From: CalculatedRisk	Read Replies (1) of 18691

Bob, re: insider sales. Most public companies (all reputable companies) prohibit their insiders from selling during the last month of the quarter until three days after earnings are released. This is NOT an SEC rule and is frequently violated by insiders of certain companies. The idea is to help protect the insiders and the Company from shareholder lawsuits. Also, should an insider sell during the "blackout" period, the SEC routinely (almost automatically) forces the insider to disgorge their profits, if bad news is announced. IMO, companies that allow this type of selling have poor internal controls and are good short candidates. Regards, Bill

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next