10

6 comments

[–] PhunkyPlatypus 1 points (+1|-0)

It just sort of reminds me of the parent company I used work for.

When I was about to get hired on, I poked around on the hierarchy of who actually owns the company. During my research I found that the president has sold $40 mil with of his stock, making the VP the majority share holder. Two months later the entire organization was sold to a French company.

It may not always be the case, but CEO's selling vast amounts of stock often forshadow big changes in the works.

[–] jobes 1 points (+1|-0)

Damn, interesting. Really depends on the company structure I guess. Interesting