Whats the deal with AAPL execs?

paulpaul
Posted:
in General Discussion edited January 2014
<a href="http://biz.yahoo.com/djus/020502/200205021246000685_1.html"; target="_blank">125000</a>

<a href="http://www.macnn.com/news.php?id=13882"; target="_blank">100000</a>

Whats with the selling? <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" />

Something going on that I don't know about?

Comments

  • Reply 1 of 17
    nostradamusnostradamus Posts: 397member
    Enron.
  • Reply 2 of 17
    applenutapplenut Posts: 5,768member
    [quote]Originally posted by Paul:

    <strong><a href="http://biz.yahoo.com/djus/020502/200205021246000685_1.html"; target="_blank">125000</a>

    <a href="http://www.macnn.com/news.php?id=13882"; target="_blank">100000</a>

    Whats with the selling? <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" />

    Something going on that I don't know about?</strong><hr></blockquote>



    they want money <img src="confused.gif" border="0">
  • Reply 3 of 17
    nostradamusnostradamus Posts: 397member
    [quote]Originally posted by applenut:

    <strong>



    they want money :confused: </strong><hr></blockquote>



    No, they want to keep their money before they lose it all when Apple tanks.
  • Reply 4 of 17
    paulpaul Posts: 5,278member
    the real ? is how much of a stake in the company do both of them still have? like what % of their holdings were sold? 50%? 20%? 90%? :confused: <img src="graemlins/bugeye.gif" border="0" alt="[Skeptical]" />
  • Reply 5 of 17
    crusadercrusader Posts: 1,129member
    Maybe they expect something big to happen on the day they sell <img src="confused.gif" border="0">
  • Reply 6 of 17
    buonrottobuonrotto Posts: 6,368member
    Don't turn into Chicken Little just because two execs sold their stock.



    Avie sold a bunch a year ago and suddenly all these rumors about his leaving Apple for greener pastures sprouted up. Is he gone?



    Andersen, Mandich, Rubenstein and others have all sold big chunks before without those transactions turning into prophesies.
  • Reply 7 of 17
    bodhibodhi Posts: 1,424member
    [quote]Originally posted by Nostradamus:

    <strong>



    No, they want to keep their money before they lose it all when Apple tanks.</strong><hr></blockquote>



    Since when did you become a troll PowermacG4?
  • Reply 8 of 17
    airslufairsluf Posts: 1,861member
  • Reply 9 of 17
    junkyard dawgjunkyard dawg Posts: 2,801member
    Apple's stock always goes south after an expo, and WWDC is May 5th. So maybe they just wanted to sell their stock before WWDC?



    Better yet, maybe at WWDC Apple is going to announce plans to scrap their Hardware division and focus on OS X for x86!!! That MUST be it!
  • Reply 10 of 17
    paulpaul Posts: 5,278member
    <a href="http://biz.yahoo.com/djus/020508/200205081610000772_1.html"; target="_blank">310000</a>

    OK, so you all say it means nothing... but 500,000 extra shares on the open market in the frame of a couple of weeks is not good for the price...
  • Reply 11 of 17
    pendrakependrake Posts: 44member
    [quote]Originally posted by Paul:

    <strong><a href="http://biz.yahoo.com/djus/020508/200205081610000772_1.html"; target="_blank">310000</a>

    OK, so you all say it means nothing... but 500,000 extra shares on the open market in the frame of a couple of weeks is not good for the price...</strong><hr></blockquote>



    Bah. I love these armchair investors. 500,000 extra shares sold on the market in a couple of weeks when the average daily volume is 5,000,000 share is a drop in the bucket. Literally, 1%.



    It doesn't do anything to the stock price, other than if individual investors get a herd mentality going and start abandoning AAPL in droves, which I doubt...





  • Reply 12 of 17
    paulpaul Posts: 5,278member
    haha stupid me... i still cant belive that apple has a daily volume that high--who the hell is buying and selling that much stock?!
  • Reply 13 of 17
    amorphamorph Posts: 7,112member
    [quote]Originally posted by Pendrake:

    <strong>



    Bah. I love these armchair investors. 500,000 extra shares sold on the market in a couple of weeks when the average daily volume is 5,000,000 share is a drop in the bucket. Literally, 1%. </strong><hr></blockquote>



    For values of 1% approaching 10%.



    [quote]<strong>It doesn't do anything to the stock price, other than if individual investors get a herd mentality going and start abandoning AAPL in droves, which I doubt...</strong><hr></blockquote>



    I doubt that would make too much of a difference. Most of AAPL is probably tied up in big funds that aren't prone to massive selloffs.
  • Reply 14 of 17
    groveratgroverat Posts: 10,872member
    500,000 is 10% of 5,000,000
  • Reply 15 of 17
    sdw2001sdw2001 Posts: 18,016member
    I am getting a little scared. THREE major execs selling millions of dollars of shares? that seriously concerns me. Though, I only have a little stock, I don't want to see it tank either.



    I wonder what the hell is going on here.



    [ 05-09-2002: Message edited by: SDW2001 ]</p>
  • Reply 16 of 17
    paulpaul Posts: 5,278member
    [quote] Apple executives continue to unload shares

    May 13 - 11:50 ETÂ*Â*According to a May 8 filing, Apple CFO Fred Anderson intended to sell 159,332 shares acquired through exercised options that carry a value of US$3.8 million. Anderson had previously filed to sell 100,000 shares and according to Reuters had sold 274,000 shares for $6.6 million between April 23 and May 3. Meanwhile, Apple board member Sina Tamaddon also filed to sell 250,000 shares on May 8. Previously we noted Apple Vice President Tim Cook's proposed sale of 310,00 shares and Vice President Nany Heinen's proposed sale of 125,000 shares.

    <hr></blockquote>

    Taken from <a href="http://www.macminute.com"; target="_blank">MacMinute</a>...

    *159,332

    *274,000

    *250,000

    *310,000

    *125,000

    ========

    1,118,332 shares sold...



    hrm... :confused:

    just an update...
  • Reply 17 of 17
    mac_os_x_addictmac_os_x_addict Posts: 117member
    I think that Apple is going to announce something very big in the near future which will cause a huge demand in their stock. When you think about it, a major announcement would cause a demand for the stock and people will want it. If what Mac OS Rumors say is true about a 100% increase in clockspeed performance, people will want Apple stock as Apple will be at 2+Ghz. If this does happen, it could explain why Apple executives are selling their stock which would compensate for an increase in the demand of Apple's stock. <img src="graemlins/smokin.gif" border="0" alt="[Chilling]" />
Sign In or Register to comment.