I know management should be rewarded for a job well done. But greed has its limits and my patience on this. There has been a continuous stream of selling by the insiders since the blow out quarter. This company has historically had high insider selling activity since its IPO. Wouldn't it be great if the management can show some gumption and show the investors that they "believe" in the company's future like the investors?
I know the argument that I have always made is that the insider selling affords the company from doing additional public offering of their shares, but despite the insider optimism in the company, the amount of selling is bordering on ludicrous.
Note to CEO Snyder, take a cue from Meg Whitman of Ebay, she believes in her company and shown the shareholders that she does by selling minimal shares during her tenure. Do you also believe what you preach and put your money where your mouth is?
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2 comments:
There you go again Podboy. Last time it was insider selling at CFC. Now it is the same at CROX. Could you be wrong again?
Mr Anonymous
PS Maybe I should load up on this one.
you should. I did.
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