I will be crazy to keep any share of brcm and hope for prices above $33.85http://www.secform4.com/filings/1054374/000131721211000036.htm
Nothing wrong with this sale.The footnotes to that link note the sale was to pay for taxes that are due when his restricted stock units vested. Normal to sell shares to cover the tax bill.If you read further, he actually received more stock as RSUs vested(met some goal or hurdle)....so that posting of the sale is only one side of the equation.Don't worry. Great buying opportunity at these levels.
<<If you read further, he actually received more stock as RSUs vested>>Yeh, this company still living in 1990s where a regular employee becomes a millioner overnight.So generous to give insiders million of shares in expense of shareholders.No wonder share are diluted left and right.
Well, well, well.When CFO sells in way down at these low prices then you are lucky if you can sell like him. If you wait then you have to settle for much lower prices.
They are all on a schedule and sell regardless of price at given intervals.
Ouch, that hurts. I sure hope there is some kind of schedule. This sure does not look good to me. Especially when I am at $34.00.Cheers,bigbear