EA's CEO joining the
selling
EA's CEO joining the selling chorus. But they just upped the
buyback fund to $1BN. Bullish with company money, but in a rush to
sell when it's their own money. Hmmm, funny how that works.
"on May 28, 2015, Andrew Wilson, Chief Executive Officer
and a member of EA’s Board of Directors, established a
pre-arranged stock trading plan as part of managing his EA equity
holdings. This plan accords with the guidelines of Rule 10b5-1 of
the Securities Exchange Act of 1934, as amended, and EA’s
policies regarding stock transactions by directors, executive
officers and other employees. Sales under Mr. Wilson’s 10b5-1
plan may take place periodically beginning July 1, 2015 through
July 6, 2016."
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Selling since May 26 (past week) now exceeds $9M, for a three
month total of $72M+
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Author:
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LongTerm
CapGains
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Subject:
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Off Topic
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Sentiment:
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Neutral
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Date:
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06/01/15 at 11:59 AM CDT
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