Check this out. The AP wrote an article about Larry Ellison selling 1,000,000 shares of Oracle stock today:
What’s much more interesting that apparently slipped the eyes of the AP is that he actually sold 1,000,000 shares of Oracle stock EVERYDAY over the last month – so far that’s been 20 Million shares.
This equates to a liquidation of 2% of his entire Oracle stock holdings in a single month. Larry Ellison has about 1 billion shares remaining.
What do you make of that?