Quote:
Originally Posted by Dpeck100
I don't think so and especially because of the pattern of sales.
David Hall did and for quite some time he was making planned sales and you could see the pattern. For those that don't know this means you must sell shares consistently at a specified date regardless of price.
His holdings have actually increased by just over 20k shares in his last filing so he has stopped selling.
All one must do is look at the insider data and they will see what has happened here. Joe was either paying for taxes to keep the shares or selling a few for some other reason but neither could in any capacity be viewed as nefarious.
This was added to the story for shock and awe and it worked. It just wasn't true.
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Most plaintiffs' lawyers don't understand sales by insiders either.