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Apollo Education Group, Inc. Message Board

  • d_rhee2k d_rhee2k Nov 5, 2013 3:49 PM Flag

    I'm still very bearish on APOL, too many insiders are selling

    If you look at the insider transactions, there were over 350,000 options awarded to insiders at $0 per share. This is not fair to the average investor, then if you look after the post earnings run up, there were over 600,000 shares sold. This isn't "buy low and sell high", this is "get options for free and then dump all your shares as the retail investors buy". The insiders have no confidence in this company. Do you really think Jeff Bezos or Steve Jobs would dump their holdings as quickly as the Apollo Group insiders did? I predict $22 by the end of next week.

    Sentiment: Strong Sell

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