Actions speak louder than words :)
1 posted on
09/19/2004 9:59:47 AM PDT by
Steven W.
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To: Steven W.
*Picking jaw up off floor*
2 posted on
09/19/2004 10:00:47 AM PDT by
Howlin
(What's the Font Spacing, Kenneth?)
To: Steven W.
"CEO of Viacom (CBS) dumps nearly $12 million in Stock" Translation: ABANDON SHIP, ABANDON SHIP. EXECUTIVES FIRST, COMMON PEOPLE LAST!
3 posted on
09/19/2004 10:01:51 AM PDT by
Enterprise
(The left hates the Constitution. Islamic Fascism hates America. Natural allies.)
To: Steven W.
Hehehe Rather is history....
To: Steven W.
LOOSING SHARE?
TRY THE TRUTH !
11 posted on
09/19/2004 10:12:03 AM PDT by
ChadGore
(Vote Bush. He's Earned It.)
To: Steven W.
At least he can't be accused of insider trading. This is wide open.
12 posted on
09/19/2004 10:12:12 AM PDT by
js1138
(Speedy architect of perfect labyrinths.)
To: Steven W.
Dear Steven W.,
I'd thought that top executives in publicly-traded companies had to file a statement with the SEC some time before they sold shares of their company.
That means that this transaction had been planned for a bit, and was likely not a reaction to the current crisis.
sitetest
13 posted on
09/19/2004 10:12:26 AM PDT by
sitetest
(Spitball Kerry for Collaborator-in-Chief!)
To: Steven W.
14 posted on
09/19/2004 10:13:08 AM PDT by
ChadGore
(Vote Bush. He's Earned It.)
To: Steven W.
Lock him up!
Much worse than Martha Stewart.
15 posted on
09/19/2004 10:13:42 AM PDT by
Jim Noble
(Hillary becomes the RAT candidate on October 9. You saw it here first.)
To: SAJ; wardaddy
Saj, is Sumner just writing covered calls in this article when they say that he is "selling stock options" or is it that he dumped options that he'd purchased earlier?
16 posted on
09/19/2004 10:14:17 AM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Steven W.
Yeah- I picked this up online two days ago when I checked insider activity...I am sure word went out to other top and middle management NOT to sell theirs to prevent an avalanche of selling from others....
To: Steven W.
18 posted on
09/19/2004 10:16:02 AM PDT by
GeneD
To: Steven W.
To: Steven W.
Dumping stock by a CEO during a crisis like this is prima facie evidence of insider trading.
To: Steven W.
Actions speak louder than words :) Yes they do
27 posted on
09/19/2004 10:23:42 AM PDT by
Mo1
(Why is the MSM calling the Vietnam Vets and POW's a suspected group??)
To: Steven W.
While this could be directly related to the C
BS scandal of Rathergate, I should point out that the Viacom execs may be gambling on the situation and simply taking profits. They may believe the storm will blow over eventually, yet dump the stocks now and buy back when they think people have forgotten the issue.
I only state this because we always monitor stock sales for our company. Our execs do the same thing for different reasons, being that our stock values are sometimes driven by the performance of the two larger competitors.
A dip in value means they sell, buy back and buy another private golf course or helicopter with the profit they generate.
29 posted on
09/19/2004 10:25:50 AM PDT by
Caipirabob
(Democrats.. Socialists..Commies..Traitors...Who can tell the difference?)
To: Steven W.
Hey Guys, isn't this insider trading.
He knows CBS is going to give all viacom a black eye so he dumps viacom stock.
35 posted on
09/19/2004 10:31:15 AM PDT by
TASMANIANRED
(What did Kerry know and when did he know it?)
To: Steven W.
In fairness, I'll point out that Sept 15 was a big IRS estimated tax payment date, and he might have needed cash to pay same. I suspect this is no big deal.
37 posted on
09/19/2004 10:32:37 AM PDT by
FreedomPoster
(hoplophobia is a mental aberration rather than a mere attitude)
To: Steven W.
44 posted on
09/19/2004 10:35:05 AM PDT by
GeneD
To: Steven W.
Great job!
Last week someone was wondering if any of the top dogs at ViaCom dumped the stock before it became a loss leader.
Maybe Redstone can be Martha's cell mate in jail.
46 posted on
09/19/2004 10:35:41 AM PDT by
Grampa Dave
(When will the ABCNNBC BS lunatic libs stop lying to Americans? Answer: NEVER!)
To: Steven W.
This is what we've been waiting for. If Drudge publicizes this on his site/show tonight, the stock should start to sell-off tomorrow (whether or not Redstone's sale was based on the scandal). Once the stock hits a new 52-week low, Heyward should quickly lose his decision-making power on how to handle the scandal, and Rather might very well be forced to resign.
47 posted on
09/19/2004 10:36:07 AM PDT by
aynrandfreak
(If 9/11 didn't change you, you're a bad human being)
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