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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: IceShark who wrote (3075)7/19/1998 12:57:00 PM
From: Thomas M.  Read Replies (1) of 86076
 
Insider selling is restricted to a fixed percentage of the average daily volume. That is one supposed reason why tech companies stay on NASDAQ. Tech insiders tend to get a much bigger slice of their paycheck from options, and the double and triple counting of daily volume by the NASDAQ allows them to sell faster than if they were on the NYSE.

Tom
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