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Online Share Trading

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Directors are dumping

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Contributor
Why are IPL directors dumping it? Is this another Pinnacle?
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7 REPLIES 7
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Valued Contributor
huh ?? directors sell some of you leap to them being arrested for bribery ?? mo that's a jump
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Super Contributor
As Simon says (that has a familiar ring to it!)on stock watch... .....Directors must also eat and go on holiday and buy new cars....share option structures are in most cases the bulk of their remuneration. Not necessarily a bad thing. I note it's only one IPL director that needs to buy groceries.
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Contributor
Don't get me wrong Im not suggesting that they are stealing. Im just wondering and hoping that the forum may help me understand better. my apologies if it came out wrongly?
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Super Contributor
First find out WHO the directors are. Mark Lamberti is very highly regarded and respected. Research....previous ceo of Massmart, Frasers, Bradlows. Can't compare to Pinnacle !
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Contributor
Thank you. I have since realised that it is one director, with multiple transections. Make no mistake I have a great respect for mr Lamberty.
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Frequent Contributor
I too once asked such questions and have always gained from the forum response. Keep asking and reading
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Super Contributor
It's had a great run,it's overbought,it's hitting the resistance line of its downtrend,there's a negative divergence on the daily chart.I guess if you want to take profits this is as good a time as any.
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