major sellers, page-2

Not a shareholder of ADO but have seen the dramatic rise in the sp from the sidelines in the last couple of weeks...

I read a very simple line somewhere and it has always stuck in my mind.....it said "the Directors may sell for many reasons, but they buy for only one"...

The director selling is one of the major reasons to spook the sp and the timing is ALWAYS wrong....but there have been cases where the directors themselves have sold for a penny to see the sp sky-rocket to $$$$....so unless the true reason of this director selling comes out (and it may probably never come out), the only thing which will bring investor confidence back is some more positive announcement from the company or / and the general market confidence...