Thread regarding Hewlett Packard Enterprise (HPE) layoffs

Another major sell-off dropped HPE stock price??

https://www.nystocknews.com/2017/10/12/insider-activity-increases-for-hewlett-packard-enterprise-company-hpe-with-the-sale-of-1-49-million-shares-by-margaret-whitman/

Meg and Henry Gomez sold off their stock options. HPE price dropped significantly on Oct 11. Exit strategy??

Is this "lead by example" or violation of SBC?? We love HPE but it is hard to trust the management.

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| 2128 views | | 7 replies (last October 14, 2017) | Reply
Post ID: @OP+PJDTeK5

7 replies (most recent on top)

both leaving. duh.

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Post ID: @1vhx+PJDTeK5

HPE closed at $15.02 yesterday and at $14.80 today. What was the Oct11 price- don't think far off from these.

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Post ID: @tal+PJDTeK5

Out of interest, what mistakes did Gomez make?

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Post ID: @xrv+PJDTeK5

It is a good news for marketing if Mr. Gomez move on. Henry made a lot of mistakes. The entire marketing team has been suffering by his poor decisions. We won't be surprised to see him stand next to Meg for her political elections.

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Post ID: @itm+PJDTeK5

They clearly must think good news is coming and the stock price will rise! err or is it the other way round..

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Post ID: @svh+PJDTeK5

hmmm. Why the big sell offf?

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Post ID: @jbf+PJDTeK5

Interesting!!

"This activity has been headed largely by Henry Gomez, an officer of the company. Henry Gomez has seen steady activity on the sell side, and on September 26, 2017, executed an option to sell 494360 shares. The disposition, at a price of $14.87, resulted in Henry Gomez bringing total 0 shares. Other officers which have joined Henry Gomez in selling shares include Margaret Whitman who sold for 1.49 million shares. The option since executed brings Whitman ownership to 767599 shares."

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Post ID: @ovp+PJDTeK5

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