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FAB Universal Corp. Common Stoc Message Board

  • draganvistica draganvistica Sep 28, 2013 2:12 PM Flag

    just observing, but terrible big sell on part of CEO

    price will for sure go down in short term

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    • Meh...keep in mind, insiders have only sold a little over 11% of their shares in the last six months, and there have only been two sales over $6 during this amazing run over the last couple of weeks. One was the CEO sale and the other was a wee 20K sale for $132K. If I knew the company was in great shape and I was going to get a bunch more options at year end for crushing goals, I might wanna take $1.4mil off the table and buy a spot on the Caribbean and if I could pay cash today for a Porsche GT3 by cashing out some options, you bet your #$%$ I'd do it in a heartbeat. Anyway, my point is, I wouldn't read too deep into this insider trading. It's definitely something to keep an eye on, but at this point, it doesn't look like a screaming red flag considering how many shares insiders could have dumped in the last couple of weeks....

 
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