Will Dan get away with insider trading this time?

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part of the translation is here...I went to google translator and got this from the article, parts of it are hard to understand, but at least you get somewhat of an idea, hope it helps:
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A mega-sale of Novartis shares yesterday was the topic of conversation on the stock exchange. When there has been such a thing? A chairman pushes for half of the shares that he owns the company, which he directs. It's about 80 million francs!

Daniel Vasella (58) certainly has 1.41 million Novartis shares, possibly even sold 1.51 million. This can be derived from a publication of the SIX Swiss Exchange. Vasella was almost half his money to Novartis shares. He certainly conceded 73.24, maybe 78.85 million francs.

Possible reasons for Vasella's decision

Why? Secret thing! The Novartis press office refused to answer any questions yesterday to the mega sale.

Possible explanations could be:

Vasella is pessimistic, as far as the development of Novartis. He wants to make cash, before the stock crashes.

This scenario is very unlikely. The stock traded yesterday with 52.60 francs was above the year low in August (38.90 francs), but below the expected peak in June (57 francs) bank analyst for Novartis, a good 2012th

The Zurich Cantonal Bank, Novartis has even declared the year favorites 2012th That means: If Vasella waited with the stock sale, he could probably solve more.

Vasella needs in the grand scale of money because he has changed something in his life, or he's planning a big litter outside of Novartis. The magazine "balance sheet" assets estimated to be up to 100 to 200 million francs. Vasella has been married since 1978 and lives in a villa on Lake Zug.

Vasella, like many other realms, fear of a people's initiative, for the first signatures are collected. It is about the introduction of an inheritance tax on assets in excess of 2 million francs.

Due to a retroactivity clause to lawyers and notaries currently do extra shifts. The rich want to give away their millions before 31 December 2011 - it certainly no inheritance tax is incurred.

Bypassing the new inheritance tax would be worthwhile for Novartis chief

Daniel Vasella has three children aged between 20 and 27 years. Would he give his children now 73 million francs, he could save 14.6 million possible inheritance tax.
 












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