3 ms·
Don't be so quick to blame. You might have read it yesterday, but he reported it on Nov 29, which means that the transaction happened either within two days pr
by prewett 9y ago
Don't be so quick to blame. You might have read it yesterday, but he reported it on Nov 29, which means that the transaction happened either within two days prior or about a month, depending on if you believe the SEC's website or NASDAQ's website. But the question isn't when he sold his shares, the question is when did he put in the order to sell those shares. Those guys put their buy/sell orders in months in advance because of exactly this problem. Or maybe he had a limit order in--the beginning of November was a 2-year high, so you could easily imagine a limit order executing about then.
- joncrane 9y agoEvidence shows this bug was known in November. It only blew up this week.
- jacksmith21006 9y agoProbably even earlier.