All company officer are given (OPTIONS) that they can sell anytime they want, as long as they notify the SEC. What you are reading is old news.
Greenspan had more to do with the market going south than (KOBI) did.
next time Greenspan talks get out of the market and buy back in while he is talking. or ride it out. good luck ------------------------------------------------------------ http://biz.yahoo.com/f/bi.html#form144
Form 144: Intention To Sell Restricted Securities
Form 144 filings are indicated by ``Planned Sale''. Form 144s must be filed as notice of the proposed sale of restricted securities. Restricted securities are those that are acquired directly or indirectly from an issuer or an affiliate in a transaction (or chain of transactions) not involving a public offering.
An insider may file a Form 144 and not actually complete the sale. If the sale was completed, the insider should have filed a Form 4, indicating the transaction was completed. Form 144s contain additional information which may be beneficial. The data includes the name of the brokerage firm, insider's address, phone number, and the dollar amount of transaction. The amount of stock an insider may sell is ``restricted'' by a number of factors, such as shares outstanding, trading volumes, etc.
The Form 144 must be filed prior to, or on the approximate date, of sale. When searching for Form 144s, keep the following considerations in mind:
The filing of Form 144 is not required in any case where the amount of stock to be sold during any three (3) month period does not exceed 500 shares and the aggregate sale value does not exceed $10,000. If the seller does not sell all the stock covered by the form within 90 days after the filing, the filing process must be repeated before the commencement of further sales, except in cases where the passage of time has extended the seller's holding period.
Whiz, Kobi Beef has some 800,000 shares on his own-Thats about 40+ million buckaroos. Do you begrudge da Kobi man a few bucks? Stock is below its high of last year. Looks to me like CMVT is like watching the grass grow only some one is throwing too much weed killer on it! Hope that 70 mark is reached in my lifetime. EX-stablejockey