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Thread: Adobe CEO sells 189,000 shares

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    Default Adobe CEO sells 189,000 shares


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    Default Re: Adobe CEO sells 189,000 shares

    hmm. concerning.

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    Default Re: Adobe CEO sells 189,000 shares

    Not really. ADBE trades an AVERAGE volume of 7 MILLION shares a day.

    The basic rule I learned concerning insider trading:

    Insiders sell their shares for many many reasons.

    BUT

    They BUY more shares for ONE reason.
    Rebecca Avalon







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    Default Re: Adobe CEO sells 189,000 shares

    ^^^ yup, I concur on THAT logic re insider trades !!! If the insiders are buying, it's because they have just voted for a corporate stock buyback program, it is because they know the next quarter's Oscar is going to draw lots of positive attention etc.

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    Default Re: Adobe CEO sells 189,000 shares

    Its probably part of Rule 144. Restricted persons get so much in stock that at some point they have to get rid of it. Or he wanted to buy a plane or a new beachhouse in the Carribean. There could be a million reasons.

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    Default Re: Adobe CEO sells 189,000 shares

    that'll teach me not to just see a big number and get scared without researching for scale!

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    Default Re: Adobe CEO sells 189,000 shares

    Quote Originally Posted by britneyireland View Post
    They BUY more shares for ONE reason.
    Two reasons actually.


    1) They think it will be worth more.

    2) They want to make people think they think it will be worth more.



    If Tangelo Bronzilo bought a thousand shares of CFC, would anyone care?

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    Default Re: Adobe CEO sells 189,000 shares

    If Tangelo Bronzilo bought a thousand shares of CFC, would anyone care?
    maybe his psychiatrist LOL !!!

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    Default Re: Adobe CEO sells 189,000 shares

    Maybe he wants to have extra cash around so he can answer that thread about the Sugardaddy.
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