The insiders of this company do not believe that the stock price is going up. They are selling at what they feel must be a good price. The stock will probably be under pressure today as a lot of traders pay attention to this data.
peterlynch2000 is a lying scum short piece of SH*T. Screaming insider selling is the lowest form of short propaganda. They NEVER EVER give a link to support their claims, even though they know where the link is, because they are LYING and they know they are LYING. Do you want to sell your shares to these scum? go ahead, but as you can see, the stock is up this AM.
I will give you more benefit than you gave me. I assume you are just ignorant. Go to yahoo news and check the first call report on insider selling which has been posted today. You will notice insiders too numerous to list who have filed to sell 469,005 shares just in June alone. You should do a little research before you accuse someone of lying. And assumptions are for fools. I am not short. I have put options at 22 1/2 that expire today and surely do not want the stock to fall below that price. And arguing ad hominem is for those who are intellectually inferior and ignore the facts. You should apologize to the readers of this board for your misleading post.