W
wonderboy$
Guest
another ceo at a different company...
http://biz.yahoo.com/t/34/189.html
Do ya suppose he knows something?
http://biz.yahoo.com/t/34/189.html
Do ya suppose he knows something?
Sure they can sell whenever they want to, but selling just after you've declared you're leaving the company makes Wall Street nervous. It doesn't help when Kelly makes the same decision at the same time. It makes it look like they have no optimism about the future earnings of the company, so why should the rest of us who have been hoping for some returns on our investments?
Moreluck is right, the moment that any financial advisor sees that your investment portfolio is heavily weighted in one company they will gasp in disbelief, frown... and then strongly advise you to diversify.
If you're in management at UPS and ever mention you might be selling some of your UPS stock your boss will will gasp in disbelief, frown... and then strongly advise you not to diversify.
Cheryl, How would you know about management tactics if a suit was trying to sell stocks?
Moreluck's right again: not only my husband though, my dad worked there too... that means that I have witnessed 1 gazillion dinner table discussions about pro and cons of this topic over my 47 years of life.local.....both Cheryl & I know about "tactics" because we've lived it through our mates.
ummm, you're getting aggressive with me because I didn't address your rhetorical questions?Moreluck is right so I guess I am wrong? I am not doubting that any financial advisor that sees a portfolio heavily wieghted in one direction will have his/her flags blowing. I agree with that 100% totally and could not argue.
Cheryl,
Who in UPS is going to gasp at disbelief at the ex CEO? lol You act like we are talking about a lower management level employee, lets not forget who we are talking about. He was the boss!!!!! and the boss has sold plenty of other stocks through the years, and yes Chan- he has donated it to charities per his filings in past years. Do you think it is possible for UPS to see if a low level management employee is selling stocks now that the company is public and that Mellon handles all transactions? They might have known about this before the ipo but would find it very strange if the company has access to this information now. Cheryl, How would you know about management tactics if a suit was trying to sell stocks?
Sure they can sell whenever they want to, but selling just after you've declared you're leaving the company makes Wall Street nervous. It doesn't help when Kelly makes the same decision at the same time. It makes it look like they have no optimism about the future earnings of the company, so why should the rest of us who have been hoping for some returns on our investments?