Larry Ellison sells off 1 Million shares of ORCL everyday this month

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?

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