This was over one month ago, and at this point Mel Karmazin has now michael kors bags on sale exercised and sold roughly 11 million shares of stock for the month of April. Doom and gloom for Sirius michael kors outlet store XM? Bad conference call just around the corner? If cheap michael kors purses your mind is trending in this direction due to his sale, you may want to step back and approach from a different angle. Consider Mel's announced sale was for 60 million shares beginning in April, and that 11 million shares have now been sold. Some quick cheap michael kors handbags math arrives michael kors promo code at 49 million shares still held by Mel "to be sold" and 109 million shares held by Mel through stock options in total. 11 million out of 120 million, is 9%. To date Mel has sold 9% of his options, and retained 91% leading into the first quarter conference michael kors crossbody bag call. Sirius XM's first quarter conference call is on May 1st, which falls toward the earlier side of historic first quarter calls for the company. Because of this, and because of cheap michael kors watches the fact that Mel has sold out merely 9% of his options, or only 19% of his total planned sale so far, I am asking a different question. My question is simple. If Mel Karmazin had expectations that the first quarter would not bring about "good to excellent" numbers, then why would he retain 91% michael kors online outlet of his shares leading into the call? Now of course, arguments can be made that his planned sales were announced mid February.prada bags on sale
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