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Alcatel-Lucent Message Board

forme2no2001 2 posts  |  Last Activity: Nov 7, 2014 2:12 PM Member since: Sep 18, 2000
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  • Reply to

    Insiders dumping massive amounts

    by forme2no2001 Nov 3, 2014 1:45 PM
    forme2no2001 forme2no2001 Nov 7, 2014 2:12 PM Flag

    Yes and insiders selling have helped to drive the prices down to a 52 week low which means tax loss selling will kick in taking it down even lower. Where's the bottom?

  • It should almost be illegal. They bonus themselves or buy as stock options for pennies and them sell massive amounts on the open markets driving the price down. I lost faith in this company when they put out a release claiming they had the resources to produce ZMapp – the drug that can potentially cure Ebola. Maybe so but they also knew they were nowhere on the list of companies who would be selected. Just a cheap hit to drive up the stock price and allow insiders to sell. I'm still holding on to my shares but not happy.

3.46+0.01(+0.29%)Jan 23 4:02 PMEST

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