Thread: Sinking Ship?
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Old 08-09-2023 | 03:31 AM
  #30  
hercretired
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Originally Posted by Aero1900
You take this a little too seriously and a little too literally.

Yes, the correct statement should read that Biffle makes both a salary and a significant amount of company stock. But I'm pretty sure he makes 10x more in stock than in salary. And for the exact reasons I mentioned. The point that actually matters is that him selling stock is to be expected, it's a significant chunk of his income. Doesn't mean the ship is sinking.

I'll clean up my act for you though
1. He makes about 3X more in stock versus salary. Not 10x

2. Selling stock while the price is falling raises eyebrows

* Barry has sold more since May 2023 than he has ever sold at any point previous:

http://openinsider.com/screener?s=UL...cnt=100&page=1

https://finance.yahoo.com/sec-filing...00033_1670076/
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