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Old 03-20-2008, 04:10 PM #9
sugarboo sugarboo is offline
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Join Date: Jan 2008
Posts: 1,516
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sugarboo sugarboo is offline
Senior Member
 
Join Date: Jan 2008
Posts: 1,516
15 yr Member
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Thats right, I do remember hearing that nurse! Its also a bear's market so anyone who could make a buck should do it. I think Exec's have every right to sell. They have needs too (like a new yacht or a child getting married, or any reason under the sun). I personally don't fret when an exec sells, but I am wary of massive and consistant selling. Price manipulation by corporate is a bad thing for small investors who lose everything overnight.

Thanks for the reminder on the possible sell...and its important to remember that stocks go up and down, for many reasons, at the drop of a hat. Biogen has a good reputation and as a result, likely that's what forced them to do a 2for 1 split. It usually settles the stock down and makes it a safer investment, removes the violent swings, which were obviouse looking at this chart, it was growing way to fast!

Off to chores
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