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Cirrus Logic Inc. Message Board

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  • bavaris7 bavaris7 Nov 3, 2012 4:59 PM Flag

    Jason Rhode sold 50,000 shares on Nov 2 at $40 each

    could be year end planning...ceo sell stocks for various reasons...

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    • Could be many things..you just don't get it, He sold a split moment after earning release causing massive shorts' raid as a result .... not ethical for sure... why in a hurry ? he knew the stock price was going to plummet , leaving shareholders with significant drop... the guy has done it before... as CRUS has major dependency on Apple ,this act cuts confident of shareholders and helps shorties.... HE KNEW WHAT WOULD HAPPENED as his sale became public a second after the release. Will need some insiders buys to instill confidence within investors about the longevity of the Apple relations.... But Mr. Rhodes has his money already out like a thief in the night...

 
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