E* insider sells some stock

[Mark Sorensen]

It would appear that this reasonably important fellow is betting on downward movement.... or is just trying to diversify his assets a bit....

If I did my math correctly, it would appear that he sold 150000 shares, for a total of $4,914,386

http://ccbn.tenkwizard.com/filing.p...82&FG=0&CK2=1001082&FC=666666&SC=ON&TC=FFFFFF

http://10kwizard.ccbn.com/fil_list....FG=0&alld=ON&FC=666666&TC=FFFFFF&SC=ON&DF=OFF

 

[Scott Greczkowski]

David is the lead Attorney for Echostar, Sometimes I think he is calling more shots then Charlie, or that Charlie is just a mouthpiece for David.

 

[Stargazer]

If I am not mistaken didn't I read where Charlie just bought up a bunch of stock here recently?

 

[Barney]

Did ya'll read this at the bottom of one of the links:
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
2. By 401(k) Plan.
3. The shares are held by the reporting person in trust for the benefit of the children of Charles W. Ergen, the Chief Executive Officer of the Company. The reporting person disclaims beneficial ownership of the shares.
4. The shares are held by the reporting person as custodian for his minor children.
5. The shares were contributed by the reporting person to a charitable foundation. The reporting person is a member of the board of directors of the charitable foundation and has both investment control and voting power with respect to the shares. The reporting person disclaims beneficial ownership of the shares.

 

[Peter Parker]

FWIW here isa link to details of insider transactiosn the last 2 years.

http://finance.yahoo.com/q/it?s=dish