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  • rbg5r rbg5r Aug 26, 2010 5:33 PM Flag

    Ive never seen this much insider selling, without the stock crashing.

    later folks.

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    • I question ur line of reasoning as there were just as much insider selling back in May when the stock was in the 80s.

      Based on the above, I cannot wholeheartedly agree that insider selling implies a top in price. Even though Benioff has been selling some shares, he still have more than 11 million shares remaining. So far in August, he has sold less than 5% of his total shares. Seems that if Benioff anticipates a significant drop in price that he would sell more than just 5% of his shares.

77.55+1.48(+1.95%)Jun 28 4:01 PMEDT