| View previous topic :: View next topic |
| Author |
Message |
shvetsov2005
Joined: 30 Nov 2005 Posts: 115
|
Posted: Wed Jul 11, 2007 11:04 pm Post subject: rationale |
|
|
"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. |
|
| Back to top |
|
 |
Mister Micawber

Joined: 23 Mar 2006 Posts: 774 Location: Yokohama
|
Posted: Thu Jul 12, 2007 5:13 am Post subject: |
|
|
.
Apparently, the stocks were sold because the CEO needed more cash.
. _________________ "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 |
|
| Back to top |
|
 |
|