Duh, but they would also likely have lawsuits filed citing they had inside information. To avoid this, they sell some at these levels, the stock moves higher after earnings, and they sell more. Otherwise they face the wrath of shareholders, shareholder lawsuits, and the regulator's scrutiny!
Today's activity on SPDC presents an incredible buying opportunity. If history provides any lessons to us, we should should beging seeing a new level of buying and support generated from todays investor presentation that will push us to new 52 week highs! Time to take advantage folks.