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As I understand it, because he had more than he had ever had before, and had just received the biggest payout ever. So again, yes... but probably not unjustifie
by qubex 9y ago
As I understand it, because he had more than he had ever had before, and had just received the biggest payout ever. So again, yes... but probably not unjustified.
- brewdad 9y agoAlso, after a couple of years of trading in a range in the low to mid-30s, in September the stock began a surge up to $47+. That's a pretty good time to sell off a large chunk of stock regardless or whether he knew anything about this defect (he knew).