Amazing it keeps going despite the CEO gang constant bleeding $$$$$. The latest outrage
was the company paid all the legal cost of the case when he was stopped by a shareholder
lawsuit of trying to increase his takings.
Usual suspects throw #$%$ in the faces of investors.
Cheniere Energy Inc. (NYSE: LNG) had two high-ranking executives at the company sell stock this past week. The chief operating officer and a senior vice president at the energy company sold a combined 230,000 shares of the stock at prices that ranged from $77.31 to $79.79. The pair came away with a total of $18.2 million as proceeds from the sale. The stock ended trading on Friday at $76.
Read more: Insider Selling at Blackstone Group (NYSE: BX), Cheniere Energy (NYSE: LNG), Others - 24/7 Wall St. http://247wallst.com/investing/2015/03/07/insiders-sell-huge-blocks-of-stock-as-market-rise-continues/#ixzz3Tmu0RmmY
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At least the CEO made record compensation in 2014 and more is expected in 2015.
Since he gets the stock for free he can sell at any price. He must have sold 50 million
shares in 2014. But we still love and admire our Robin Hood.