Anderson Dumping DAL?
Feb 21, 2010, 11:32 am
#1
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Anderson Dumping DAL?
The CEO sold 67,078 shares of DAL @ $12.55 (total $848536.70) on 19 Feb.
Also, Bastian sold 20,000 shares @ $12.24 (total 244800.00) on 9 Feb.
The two top guys have disposed of $1.1M in DAL in the last two weeks. Is this an omen or routine?
Also, Bastian sold 20,000 shares @ $12.24 (total 244800.00) on 9 Feb.
The two top guys have disposed of $1.1M in DAL in the last two weeks. Is this an omen or routine?
Feb 21, 2010, 11:36 am
#3
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No one on this Board will ever know. Every post after this is pure speculation, unless they are your personal friends and have told you why they sold and authorized you to post the reason here. But speculate away. Maybe they needed the cash? Who knows. No one else here knows more than you or I for that matter.
Feb 21, 2010, 11:45 am
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Does anyone know how many shares he has? I would think if a big negative report was coming out and he sold shares there would be issues.
Feb 21, 2010, 11:55 am
#6
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Million dollar sales don't portend confidence in the stock value.
Also:
And in 4Q 2009:
Total executive transactions in five months = 363,945 shares sold, none purchased.
These guys appear to have no confidence in their own company.
Also:
Executive VP Hauenstein sold 30,150 shares on 16 Feb.
CFO Halter sold 32,760 shares on 9 Feb.
Executive VP Campbell sold 30,151 shares on 9 Feb.
Executive VP Becker sold 30,000 shares on 9 Feb.
That adds up to 210,139 shares unloaded in the last two weeks.CFO Halter sold 32,760 shares on 9 Feb.
Executive VP Campbell sold 30,151 shares on 9 Feb.
Executive VP Becker sold 30,000 shares on 9 Feb.
And in 4Q 2009:
CFO Halter sold 5,000 shares on 22 Dec.
President Bastian sold 30,000 shares on 18 Dec.
Executive VP Gorman sold 110,556 shares on 18 Dec.
CFO Halter sold 25,000 shares on 17 Dec.
Executive VP Hauenstein sold 20,000 shares on 16 Dec.
CFO Halter sold 10,000 shares on 30 Nov.
President Bastian sold 20,000 shares on 25 Nov.
President Bastian sold 10,000 shares on 6 Nov.
President Bastian sold 7,500 shares on 28 Oct.
That's 153,806 shares unloaded in 4Q 2009.President Bastian sold 30,000 shares on 18 Dec.
Executive VP Gorman sold 110,556 shares on 18 Dec.
CFO Halter sold 25,000 shares on 17 Dec.
Executive VP Hauenstein sold 20,000 shares on 16 Dec.
CFO Halter sold 10,000 shares on 30 Nov.
President Bastian sold 20,000 shares on 25 Nov.
President Bastian sold 10,000 shares on 6 Nov.
President Bastian sold 7,500 shares on 28 Oct.
Total executive transactions in five months = 363,945 shares sold, none purchased.
These guys appear to have no confidence in their own company.
Feb 21, 2010, 11:56 am
#7
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Lots more shares, just taking some cash out. Full info is available here.
As of 19-Feb-10, ANDERSON RICHARD - 1,620,154 Shares
As of 9-Feb-10, BASTIAN EDWARD - 697,469 shares
As of 4-Feb-10, GORMAN STEPHEN - 569,646 shares
As of 19-Feb-10, ANDERSON RICHARD - 1,620,154 Shares
As of 9-Feb-10, BASTIAN EDWARD - 697,469 shares
As of 4-Feb-10, GORMAN STEPHEN - 569,646 shares
Feb 21, 2010, 11:58 am
#9
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Full Insider Transactions Sales, Dispositions and Acquisitions. The number of shares you quote is small compared to the total of shares held.
http://finance.yahoo.com/q/it?s=DAL
Example: Anderson got 357,945 shares on 4-Feb and sold 67,078 shares on 19-Feb.
http://finance.yahoo.com/q/it?s=DAL
Example: Anderson got 357,945 shares on 4-Feb and sold 67,078 shares on 19-Feb.
Feb 21, 2010, 12:08 pm
#11
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Lots more shares, just taking some cash out. Full info is available here.
Total held by insiders is 4.76M shares.
Feb 21, 2010, 12:09 pm
#12
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Full Insider Transactions Sales, Dispositions and Acquisitions. The number of shares you quote is small compared to the total of shares held.
http://finance.yahoo.com/q/it?s=DAL
Example: Anderson got 357,945 shares on 4-Feb and sold 67,078 shares on 19-Feb.
http://finance.yahoo.com/q/it?s=DAL
Example: Anderson got 357,945 shares on 4-Feb and sold 67,078 shares on 19-Feb.
Feb 21, 2010, 12:13 pm
#13
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Not equally risky.
DL shareholders have a history of getting burned even worse than DL "loyalty" program customers, and DL "loyalty" program customers have a history of getting burned worse than even USD holders these past couple of years.
DL shareholders have a history of getting burned even worse than DL "loyalty" program customers, and DL "loyalty" program customers have a history of getting burned worse than even USD holders these past couple of years.
Feb 21, 2010, 12:16 pm
#14
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When insiders are net sellers (and big net sellers at that) they are desperate for cash (perhaps because of poor personal financial management, jointly and/or severally) and/or they think there are better opportunities out there than the company whose stock they are dumping.
Feb 21, 2010, 12:21 pm
#15
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When insiders are net sellers (and big net sellers at that) they are desperate for cash (perhaps because of poor personal financial management, jointly and/or severally) and/or they think there are better opportunities out there than the company whose stock they are dumping.