Hanger Executive Stock Dumping
Warren Mays
Description
Collection
Title:
Hanger Executive Stock Dumping
Creator:
Warren Mays
Date:
9/18/2006
Text:
Gentlemen,
Before we burn them at the stake (and I don't like them, either), you might
be interested in the following: I took it upon myself to look up Hanger's
stock price this morning after reading Mr. Gottry's post. Specifically, I
went to www.quote.com < <URL Redacted>> , and typed in hgr for the
hanger stock quote. Near the bottom of the web site, they list recent
sizable stock transactions. Not only did they list the sell-offs, they also
listed the buys. Mr. Sabel did sell off 20,000 shares on 9/11 (at $7.27 per
share), but also THEN purchased 33,500 shares, later in the day, at $6.13
per share. I would imagine that Mr. Sabel has an arrangement with his stock
broker to sell at a given point, and buy at another.
I can think of a number of reasons to be frustrated with Hanger's tactics,
but being a smart businessman, and doing what ANY OF US WOULD DO, as smart
investors, is not a reason to condemn them. Let's make sure we know the
facts before we round up the lynch mob.
Thank you,
Warren R Mays, CPO
PS: We still need to fight the linkia thing. I can't imagine that referring
patients to oneself is not in violation of anti-trust laws.
Before we burn them at the stake (and I don't like them, either), you might
be interested in the following: I took it upon myself to look up Hanger's
stock price this morning after reading Mr. Gottry's post. Specifically, I
went to www.quote.com < <URL Redacted>> , and typed in hgr for the
hanger stock quote. Near the bottom of the web site, they list recent
sizable stock transactions. Not only did they list the sell-offs, they also
listed the buys. Mr. Sabel did sell off 20,000 shares on 9/11 (at $7.27 per
share), but also THEN purchased 33,500 shares, later in the day, at $6.13
per share. I would imagine that Mr. Sabel has an arrangement with his stock
broker to sell at a given point, and buy at another.
I can think of a number of reasons to be frustrated with Hanger's tactics,
but being a smart businessman, and doing what ANY OF US WOULD DO, as smart
investors, is not a reason to condemn them. Let's make sure we know the
facts before we round up the lynch mob.
Thank you,
Warren R Mays, CPO
PS: We still need to fight the linkia thing. I can't imagine that referring
patients to oneself is not in violation of anti-trust laws.
Citation
Warren Mays, “Hanger Executive Stock Dumping,” Digital Resource Foundation for Orthotics and Prosthetics, accessed November 2, 2024, https://library.drfop.org/items/show/227255.
