In memory of our brother and son, Robert Bagnell, who died moments after being tasered by police in Vancouver, British Columbia on June 23, 2004. Bob was the 7th Canadian to die and the 110th in North America.
June 12, 2007
Associated Press
Now, I don't know a lot about buying and selling shares. However, coming on the heels of today's news of Taser shares on the rise (see below) - something tells me that this move is meant to profit someone somewhere. Someone correct me if I'm wrong.
Posted by
Reality Chick
at
18:37
Labels: shareholder
See the archived map for the period February 2009 to February 2010 here.
At the 2005 Arizona Press Club Awards, Mr. Anglen won first place in the Investigative reporting category. He was the recipient of the Don Bolles Award for his report entitled "Taser tied to 'independent' study that backs stun gun'. “As part of an extraordinarily thorough investigation of Taser International, Anglen uncovered ‘smoking gun’ documents that showed the manufacturer was heavily involved in the key study that purported the devices are safe. Anglen also uncovered conflicts of interest and documented wide-spread problems with Taser safety — a matter of national and international public interest.”
In 2006, Mr. Anglen was a runner up for the Arizona Press Club's Virg Hill Journalist of the Year award. Peter Bhatia of The Oregonian wrote “Robert Anglen is an investigative reporter, pure and simple. Clearly, he is a reporter who, once he sinks his teeth into something, stays with it until the story is done. His ongoing work around the company that makes Tasers speaks to that."
1 comment:
The person who profits directly is the seller (e.g. the Director). If hew sold 97,000 shares at almost $11.45 apiece, then that Director has realized $1,110,650. That's not all profit. It's not unlikely for Board members to get options to buy stock at attractive rates. The volume (e.g. amount of buying and selling activity on that stock on a given day) was quite high... Usually an announcement of some impending contract (like a big sale of Tasers to the French Police?) will get investors attention, and they'll start buying, driving up the price. This is when those who already bought a whole ago at a lower price may sell off for a profit.
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