“Its obviously never a nice sign when you have a chairman cash out this much of his holdings in such a short period of time. Obviously, if hes that clueless, you wonder why he holds the job, and I doubt if hes that clueless.”
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“Why spend time trying to read this guys tea leaves?”
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“There are more interesting companies with . . . stronger insider (buying) patterns and frankly more exciting growth.”
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“If he accelerated his sales dramatically from here, then perhaps it would be quite a red flag. As for now, I would interpret this as a natural event for a strong leader when he steps down from a company.”
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“Flipping options after the stock has traded well is one of the most common insider trading patterns.”
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