race#53
Well-known member
- Joined
- Aug 19, 2002
- Posts
- 183
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The rats are grabbing for the life vests...
the sale of his stock is set up on a spacial executive continuous sale program.
that means he, and other execs with privilege information from any other publicly traded company, set up an automatic stock sale of a number of shares over a pre-determined period of time.
Why shouldn't he reap the rewards of his efforts ? entrepreneurs start companies to make money.
he had a big portion of his wealth tied on JB stock, any moron would sell some and diversify.
again, he is not selling on a based on inside info, but on a pre-determined schedule, and he is not selling all his shares on that schedule.