Originally Posted by rozzyroz
im a little worried that nvidia's offering wont be as strong as once thought after reading this http://www.gurufocus.com/news.php?id=69204 .
selling off 781k shares of stock since 6/18/09 with over 260k of those being sold the day after the prerelease of the 5XXX cant be a good sign...
ill still wait to see what the nvidia part brings to the table before i buy though.
Start worrying about things you understand and less about things of which you have no idea how they work.
The fact of the matter is, when a CEO of a publicly owned and traded company wants to sell any of his/her stock of that company, he/she has to file an intent to exercise his/her option to sell that stock with the SEC months before the sale is to be completed. The sales being hysterically reported by all the "news" sites were put into motion probably two quarters ago.....like around January '09. And the timing of the sale is NOT up to the CEO, either. That's carried out by a third party with no ties to the stock's owner.
The sky is not falling. Sorry.
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