Thread regarding Qualcomm Inc. layoffs

Insider stock bailing

Our board chairman obviously has no confidence in the long term prospects of Qualcomm, regularly bailing out in a big way. http://finance.yahoo.com/q/it?s=QCOM+Insider+Transactions

Irwin is likely doing the same but, correct me if I'm wrong, doesn't have to disclose this anymore since he isn't on the board. Smart move.

Can Paul J issue himself as many shares as he wants to himself and others as the top of the food chain, board chair, of Qualcomm? What a great job. They probably meet for a few hours every quarter in a posh location with overpriced food and play ruler of an inherited empire. No goal targets clearly need be met for continuous allocation.

It's good to be king.

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Post ID: @OP+B8aUlbg

5 replies (most recent on top)

So you don't know if the board can allocate shares to themselves like an open checkbook?

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Post ID: @SVK+B8aUlbg

@ Anonymous93483: Original poster: another freaking idiot who doesn't understand the stock market or economics. And just wants to create a "hot" thread against Qualcomm. You may be better served if you redirect your anger and contempt towards Qualcomm in a more constructive way.

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Post ID: @3Si+B8aUlbg

Every executive at every company pretty much does the same thing, irrespective of how well the company is doing. It's no different than you cashing in on some of your ESPP/RSU's because you want to diversify or invest elsewhere, because you have too many RSU shares relative to everything else.

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Post ID: @l4K+B8aUlbg

Are automatic sales "bailing"? Lack of buying may be more of a message than periodic selling

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Post ID: @5YJ+B8aUlbg

Ok, now you're really stretching here. Let me explain how this works for you, Any person with a sizeable concentration in company stock would be best served if they diversify their holdings, irrespective of how good or how bad a company is doing. A lot of the big wigs have many many shares/options. And since it's a pain in the ass for them to sell, they often do time-based exercise and sell. Basically ,they arrange that every month/quarter (whatever) a number of shares automatically gets sold, irrespective of price of the stock. That way, this removes any doubt of insider trading. What they are selling might look a lot, but you have to put it into perspective of their total outstanding grants/etc. Mostly likely, it's a tiny fraction of their total holdings.

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Post ID: @Bvs+B8aUlbg

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