While I don't agree with O.C's post entirety it does raise an interesting event that has concerned me. Namely, SKII was launched and shortly thereafter several directors sold stock. They are certainly free to do as they wish, as we all are, however many months after this event it was revealed the SKII launch was a "soft launch".
P&G may have decided on this tactic and the directors were not privy to this information at the time of the selling although to clear this matter up questions need to be asked and a concise response issued by management.
1. When date were OBJ directors made aware of the "soft launch"?
2. Why wasn't this information immediately communicated to all shareholders?
3. Of the directors that sold stock who was aware the SKII launch was a "soft launch"?
I hold more than a few shares and am well in the green however the above greatly concerns me. I have sent my first email to OBJ requesting clarification of these issues......no response.
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