the purpose of my post was to prove that Frank cannot sell shares in JANUARY as u seem to keep inferring.
Yes, he can. 1) He's been sitting on these options since 1996 and you think he has to wait another, what, four years? 2) I see none of your 'proof' in the S1. 3) He's done it before.
You talk about agendas, what about Franklin's agendas? Used to be an information business. I liked that, it inspired me and I borrowed heavily to invest in it. I've been in research all my life and now I feel bankrupted by Franklin's move out of information resources.
Alright, so there's an agenda; when the flora starts to change so does the fauna. I have less real interest in this company than what it was. Like I've said before, the Dirty Dozen have never been misleading or harmful to my knowledge. The elevator just stopped going to the top floor at Franklin, imo.
The outspoken people on the thread feel threated by the documents that are meant to support Franklin. I feel extremely sorry for those investors because with the badly written, close to the vest announcements that come out they are forced to depend on Frank personally. I get the feeling that if Frank didn't have 5M or 7M shares, whatever, they'd have nowhere to go for information. Now really, it's healthy for a CEO to own a lot of stock in the company. Once he cashes in $20M, though, (Frank's worst case scenario for 1997) and his kids and friends have lots of stock....he's done his job.
Look, these are exciting times in the market. If you don't find yourself inspired by a stock, you're not really working at investing. It's a wonderful thing when you can pass on the inspiration of the stocks you've chosen to invest in, to your community. That's the sweet spot that everyone should be aiming for.
WH |
