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RadioShack Corp. Message Board

  • yeskkamath yeskkamath May 18, 2007 6:13 AM Flag

    BW- Finally, Talking About Insider Greed

    Insider Sales Are Not As Random As It might Seem. It is well defined, preplanned, and calculated. Lots Of examples follow. If BW screwed up on the so-called-takeover_but_not_A_takeover BS last week, this article gets them some creibility back.Read on.
    http://www.businessweek.com/magazine/content/06_45/b4008051.htm

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    • All of which leads to an obvious question: Are executives using inside dope when they set up such plans? "What this suggests is that when executives know negative news is coming, they contract out a plan and direct it to sell," says H. Nejat Seyhun, a finance professor at the University of Michigan's Ross School of Business. "They are making an end run around the insider trading laws."

      The question I have is.....How can anyone on this board or anywhere else be surprised by this.??? This has been going on AS A SCIENCE since Joe Kennedy was named the 1st SEC head in the 40's!!! He was a millionare when he took the job and a BILLIANARE a few years later. The truth is, how can you stop this from happening?? It's impossible.

    • They still suck for printing an article of one mans' thoughts.
      How could they not assume it wouldn't have a impact on the stock price.
      BW lost me as a reader.

 
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