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shvetsov2005
Joined: 30 Nov 2005
Posts: 115
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 Posted: Wed Jul 11, 2007 11:04 pm Post subject: rationale |
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"These stock sales are often small relative to the CEO�s total
investment in the firm. However, they appear to give significant signals about future company performance, a pattern that is all the
more surprising due to the apparent personal liquidity rationale for the sales."
Could you explain in simpler words this: "due to the apparent personal liquidity rationale for the sales".
I don't understand the meaning.
Alex. |
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Mister Micawber
Joined: 23 Mar 2006
Posts: 774
Location: Yokohama
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| Posted: Thu Jul 12, 2007 5:13 am Post subject: |
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Apparently, the stocks were sold because the CEO needed more cash.
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_________________
"I really do not know that anything has ever been more exciting than diagramming sentences." � Gertrude Stein
...............
Canadian-American who teaches English for a living at Mr Micawber's |
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