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Anonymous

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From Seeking Alpha Article...

"My jaw dropped when I saw their latest Form 4 filings for their insider transactions. The numbers are so large it's hard to believe that they are real, but that is what is currently being reported. On April 19th, Executive Vice President and Chief Financial Officer Ian F. Smith exercised 739,643 options at $28.84 and promptly sold 745,685 shares at $81.50. According to the documents he has 24,168 shares left. Considering the 740K option exercise and immediate sale, he made $52.66 per share or nearly $39 MILLION. Paul Silva also exercised and sold 22,549 options that day, but that's relatively small compared to the CFO's transaction."

http://seekingalpha.com/article/136...ta-then-the-cfo-sells-his-shares?source=yahoo
 












Anonymous said:
From Seeking Alpha Article...

"My jaw dropped when I saw their latest Form 4 filings for their insider transactions. The numbers are so large it's hard to believe that they are real, but that is what is currently being reported. On April 19th, Executive Vice President and Chief Financial Officer Ian F. Smith exercised 739,643 options at $28.84 and promptly sold 745,685 shares at $81.50. According to the documents he has 24,168 shares left. Considering the 740K option exercise and immediate sale, he made $52.66 per share or nearly $39 MILLION. Paul Silva also exercised and sold 22,549 options that day, but that's relatively small compared to the CFO's transaction."

http://seekingalpha.com/article/136...ta-then-the-cfo-sells-his-shares?source=yahoo
Click to expand...


What's he supposed to do? Not sell lol.

The injustice is the absurd amount of shares these executives are given.
 






Anonymous said:
What's he supposed to do? Not sell lol.

The injustice is the absurd amount of shares these executives are given.
Click to expand...

What's amazing is he cashed in almost ALL of his chips before the earnings call. Looks like he thinks this place has peaked and he's bailing out while the bailing is good. Take a cue from the financial leader and dump all you have now before the earnings call.
 




































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