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GM Executives Can Now Sell Shares

Posted by RodgerRafter 
GM Executives Can Now Sell Shares
May 09, 2007 03:30PM
We'll see how many rats jump ship:

http://money.cnn.com/2007/05/09/news/companies/gm.reut/index.htm?source=yahoo_quote

"Since the first quarter of 2005, GM has not allowed top executives to buy and sell shares in the company...

The executive trades would be allowed through May 31."


I have to think this would put downward pressure on the stock until the end of the month. Then there might be a pump and dump by the big banks who picked up the shares.

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