Originally Posted by
andreas500
Maybe you are being sarcastic or humorous, not sure, but FYI - highly unlikely there is any connection between these two - as insider trading is below even the Rev., and more often than not, these type of transactions (sales by top level insider executives) are scheduled in advance, and can only be done during a "quiet period". Even if this had anything to do with the announcement, the sale only accounts for 1.26% of his holdings RJET after the sale.
Given the size of his holdings, and his day job, what I do not understand is why He is so oblivious to the way to minimize or eliminate this "problem" - pay the pilots and create work rules commensurate with the professional responsibility of their positions.
No i was being serious. I know it's only a small portion of his holdings, but that is one he** of a coincidence he sells stock 4 days before an announcement that makes the stock take a big hit