Thread regarding Schlumberger Ltd. layoffs

Schlumberger executives are selling stock like mad. I wonder what they all learned on January 20th that we do not know?

CEO Paal Kibsgaard sold 22,000 shares of the stock on the open market in a transaction that occurred on Tuesday, January 20th..............VP Gerard Martellozo sold 8,000 shares of the company’s stock on the open market in a transaction dated Tuesday, January 20th..........EVP Jean-Francois Poupeau sold 14,738 shares of the stock in a transaction that occurred on Tuesday, January 20th.......................General Counsel Alexander C. Juden sold 12,445 shares of the stock on the open market in a transaction that occurred on Tuesday, January 20th............................Director Mark Danton sold 1,982 shares of Schlumberger Limited. stock on the open market in a transaction that occurred on Tuesday, January 20th................Director Mark Danton sold 1,982 shares of Schlumberger Limited. stock on the open market in a transaction that occurred on Tuesday, January 20th.................CAO Howard Guild sold 1,588 shares of Schlumberger Limited. stock on the open market in a transaction dated Tuesday, January 20th.

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| 931 views | | 8 replies (last January 24, 2015) | Reply
Post ID: @OP+zIXwMu3

8 replies (most recent on top)

The sell dates were likely determined months and months ago. Anyone in the C-level of companies is assumed to have inside info, so instead of selling stock when they want, they have to sell on dates predetermined months/years in advance.

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Post ID: @j8u+zIXwMu3

So what? People do this all of the time. They're selling right now because the stock is going lower. Then they'll buy it again while it's cheap (it will probably go down further), then keep it until it goes high again.

Nothing to see here. It's just playing the market.

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Post ID: @su3+zIXwMu3

http://money.cnn.com/2015/01/22/news/economy/oil-boomtown-layoffs/

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Post ID: @lMm+zIXwMu3

its population is 2x less than that. If this a joke? would the other half be borrowed from Houston in additions to the rest from all over coming here? I would indeed be a quarter on million for houston alone. time to sell your house

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Post ID: @PA1+zIXwMu3

They say there will be 30,000 layoffs in Williston, ouch

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Post ID: @1EM+zIXwMu3

Hahaha, that Williston reference was pure gold. So true.

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Post ID: @0s2+zIXwMu3

rats are the first leave a sinking ship

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Post ID: @K7q+zIXwMu3

Damn! Them folks is bailing out faster than strippers leaving Williston.

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Post ID: @aAG+zIXwMu3

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