I think their CFO or investor relations person need to get off their backside and find a home for these leaker's shares. This selling should have been facilitated off market. It's a tight register and they should know where its coming from. They should also know of interested parties/funds who would be keen on picking up a decent chunk of shares, if they were doing investor relations right.
Really poor effort from management allowing this to go on for such a long period, imo. Gives no confidence to market and can take a long time for market to regain confidence. At a minimum, I would expect management/directors to be actively buying at these levels.
AXP Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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