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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (13238)6/29/2012 8:27:50 AM
From: John Pitera  Read Replies (1) | Respond to of 33421
 
Hi Elroy, if we read the exact language of the your piece it states that the CFO is able to sell any or all of the 144 shares that he indicated starting on the same day he mails the notice to the SEC. So it's very possible to sell the shares the same day you mail in the paperwork indicating that you are planning on selling.

If an individual owns 50% of the shares of a public company.It's going to be impossible to sell half the shares of the company in the very brief window between when he files his notice indicating how much he is selling and when the SEC gets his notice and makes it public.


50,000 shares are not the large a percentage of the outstanding stock.

John