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UPS Partners
Redesigned mip
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<blockquote data-quote="traveler" data-source="post: 51873"><p>confused1 </p><p> </p><p>Just back and catching up on the board. You stated and I didn't see any answer to - </p><p> </p><p>"Look at insider trading on any financial web site. You will see how a board member will aquire stock on one day and sell the same amount the same day. Thats right , the same day. and they tell everyone u should not sell. That is bull!!!!!!!!" </p><p> </p><p>That is just and accounting quirk that has to be reported that way when "options" are cashed in. Division manager and above received options on the stock annually that are due five years forward. When they mature, stock is turned instead of cash and shares are reissued. I won't go into the boring details but it is not what it appears to be in the insider trading information.</p></blockquote><p></p>
[QUOTE="traveler, post: 51873"] confused1 Just back and catching up on the board. You stated and I didn't see any answer to - "Look at insider trading on any financial web site. You will see how a board member will aquire stock on one day and sell the same amount the same day. Thats right , the same day. and they tell everyone u should not sell. That is bull!!!!!!!!" That is just and accounting quirk that has to be reported that way when "options" are cashed in. Division manager and above received options on the stock annually that are due five years forward. When they mature, stock is turned instead of cash and shares are reissued. I won't go into the boring details but it is not what it appears to be in the insider trading information. [/QUOTE]
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