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Cognizant Technology Solutions Corporation Message Board

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  • genesis_gekko genesis_gekko Oct 12, 2007 7:56 PM Flag

    Insiders selling again

    I agree but most employees can't afford to do that or to hold indefinately. I have always done cashless regardless of were I thought my companies stock would go. You don't know his personal situation and why he sold, we're just speculating. Maybe he wants to invest in other things. The stock has come up from 68 to 83, everybody is a little cautious of the market right now. I sold my options at $84 so there ya go.

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    • funky_monkey_netjunkie funky_monkey_netjunkie Oct 13, 2007 12:41 PM Flag

      Genesis, so are you a CTSH insider or are you talking about the call/put options that you sold at $84?

      And by the way, Lakshmi is not "most employees" :)
      And the other reasons that you proposed -
      1. "maybe he wants to invest in other things",
      2. "everybody is a little cautious of the market right now"
      3. "I sold my options at 84"
      - they all suggest "SELL THIS STOCK", don't they?

      For the idiots who are predicting $110 by the end of the year, this should be a clear sign that CTSH management does not believe in that.

      Then again I could be wrong. We'll know more after they declare earnings.

55.26-0.84(-1.50%)Jan 27 4:00 PMEST

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