Flipping options after the stock has traded well is one of the most common insider trading patterns. |
If he accelerated his sales dramatically from here, then perhaps it would be quite a red flag. As for now, I would interpret this as a natural event for a strong leader when he steps down from a company. |
It's obviously never a nice sign when you have a chairman cash out this much of his holdings in such a short period of time. Obviously, if he's that clueless, you wonder why he holds the job, and I doubt if he's that clueless. |
There are more interesting companies with . . . stronger insider (buying) patterns and frankly more exciting growth. |
Why spend time trying to read this guy's tea leaves? |