Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock


Disgraceful Insider Sales

Source: http://ceoblogger.wordpress.com/2008/09/23/disgraceful-insider-sales/
 Posted on Monday, September 22nd, 2008 | In Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -

Recent insider sales include Ford’s Chairman raking in $5 million and General Growth Properties’ Chief Investment Officer netting $10.2 million only DAYS before the company announced it needed to raise capital, which is going to dilute shareholders. Ford’s Chairman is raking in $5 million when the economy is in the tank and the company is a mess; shareholders have been screwed, yet he takes home $5 million to protect his retirement. What a scam.

Track insider sales at:

http://trackthepros.com/stocks/category/662

SELLERS:

COMPANY NAME INSIDERS NAME TITLE $ VALUE NO. OF SHARES IN TRANS. RANGE OF VALUES TRANSACTIONS DATES
General Growth Properties J. Bayer CI $10,217,050 500,000 20.43 Sept. 17, 2008
Ford Motor W. Ford CB 5,050,000 1,000,000 5.05 Sept. 18, 2008
Caterpillar J. Buda GC 4,302,375 57,750 74.50 Sept. 19, 2008
Gen-Probe H. Nordhoff CEO 2,783,337 50,000 55.67-55.68 Sept. 17, 2008
Southern Co. G. Holland O 2,317,654 58,072 39.91 Sept. 18, 2008
MKS Instruments J. Bertucci D 2,024,000 100,000 20.16-20.32 Sept. 17-18, 2008
Aaron Rents R. Loudermilk CB 1,686,276 60,000 28.10 Sept. 16, 2008
SXC Health Solutions G. Glenn CB 1,455,170 90,900 16-16.07 Sept. 17-19, 2008
Prosperity Bancshares H. Timanus OD 1,433,640 36,760 39.00 Sept. 19, 2008
Southern Co. J. Miller O 1,151,736 28,968 39.5-40 Sept. 18, 2008

      

Last 5 posts by CEO Blogger
About CEO Blogger (http://ceoblogger.wordpress.com)
CEOBlogger helps investors evaluate companies.

DISCLAIMER

The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment.

The Author may have also taken positions in the stocks that are being discussed and the author may change his position at any time without warning.

With this in mind, I hope you do enjoy the posts and the views presented here and hopefully it generates some profitable ideas for your investments.

Leave a Reply

Name

Email (kept private)

Website









No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.