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Re: RedHat Gives Up

  • Subject: Re: RedHat Gives Up
  • From: "Larry Qualig" <lqualig@xxxxxxxxx>
  • Date: 12 Oct 2006 09:57:32 -0700
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John Bailo wrote:
> Starts selling stock options before the big dive:
>
> http://finance.yahoo.com/q/it?s=MSFT
>
> 1-Sep-06	BALLMER STEVEN A
> Officer	1,725,000	Direct	Disposition (Non Open Market) at $0 per share.
>


Taking a look at the MSFT insider sales... no big deal. In the past 6
months insiders (as a collective group) sold a total of 1.4% of their
holdings.

Novell is doing better but still in the same ballpark. Total insider
sales at NOVL were 0.6%.
http://finance.yahoo.com/q/it?s=NOVL


But insiders at Redhat (RHAT) are DUMPING STOCK like there's no
tomorrow. In the past 6 months insiders at RHAT have sold nearly THIRTY
PERCENT (29.4%) of their shares. Seems that the people who work there
know something bad is looming on the horizon.

http://finance.yahoo.com/q/it?s=RHAT


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