Thread regarding Baker Hughes Inc. layoffs

Are you paying attention ?

Posted 2 hours ago look so old the MEAP vp just dumped all of his stock. Why would he dump something like 14k shares leaving only a totally 100 to his name if/when the Halliburton deal goes through he would stand to gain something like 15 more dollars a share per each?

http://www.bidnessetc.com/48685-insider-trading-kinder-morgan-inc-kmi-baker-hughes-incorporated-bhi-fmc-tec/

Baker Hughes Incorporated

Khaled M. Nouh, president of Asia Pacific and Middle East for Baker Hughes, exercised his right of conversion of derivative securities and received 9,637 shares at an average stock price of $47.44 on July 22. Following that, the 47-year-old sold these shares on the open market at an average price of $61. In addition, Mr. Nouh sold 7,300 more shares at an average stock price of $60.38. Following all these transactions, he now owns 100 shares of Baker Hughes.

by Why am I the only one posting this ?
| 614 views | | 9 replies (last ) | Reply
Post ID: @OP+CGre9P8
Comment! It's anonymous!

9 replies (most recent on top)

Gas prices to tumble in August due to Iran deal.

by Anonymous125994
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Post ID: @1umI+CGre9P8

robble Robbie. Get a grip you tit.

Yankee Doodle dandy

by Anonymous125821
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Post ID: @1qbq+CGre9P8

Robble! Robble! Yeah it had nothing to do with investors and market as a whole now predicting failure rate because of the EU. It was the Chinese! Go punch your straw man elsewhere.

by Anonymous125099
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Post ID: @Aqr+CGre9P8

the shares are down because of the Chinese stock market you balloon.

Get your facts rite .you clown

$65 bucks by Friday

Ronald McDonald ✌

by Anonymous125094
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Post ID: @C2W+CGre9P8

The same reason I'm guessing the board was dumping stock in April and May. The price is bloated right now, but if the merger fails, the price will plummet.

by Anonymous124941
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Post ID: @TS5+CGre9P8

I'm leaning more towards him leaving the company or being laid off for the reasoning behind it. Maybe he knows it's coming so he is cashing in while he can. There is a lot we don't know and won't know and I don't expect that we will be enlightened any time soon.

by Anonymous124935
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Post ID: @JIo+CGre9P8

So why would MEAP VP dump all but 100 shares? Wouldn't you jus wait for the Hali deal to get +15/dollars each!? Maybe he's going to be laid off and he dumped? Perhaps he's going to quit ? Or maybe he knows something we don't. ?

Bhi and hal both submitted formal intention of the merger to the Eu today. I think that means that the U.S. Regulators having given them the green light. Why waste the Money time effort and publicity to submit EU forms of the U.S. Says no, right?

But then why does this guy dump his load, save 100 shares ?

by Anonymous124917
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Post ID: @uSH+CGre9P8

Good information. Thanks. Ignore the childish retards who would rather discuss topics like how to produce a better arm pit fart than hold intelligent and useful conversation like an adult.

by Anonymous124900
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Post ID: @Uj9+CGre9P8

So Boring. Yawn

by Anonymous124882
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Post ID: @R6J+CGre9P8

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