TiVo's CEO Unloading His TiVo Stock

Discussion in 'TiVo Coffee House - TiVo Discussion' started by heyted, Apr 15, 2015.

  1. heyted

    heyted Member

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    http://www.octafinance.com/what-after-thomas-rogerss-insider-unload-of-tivo-inc-nasdaqtivo-stock/

     
  2. Mikeguy

    Mikeguy Well-Known Member

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    Yeah, he wants a new Tesla. ;)
     
  3. mattack

    mattack Well-Known Member

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    37K shares is a puny percentage.. the ~150K is close to 10% of his shares, but still..

    I think "unloading" is slightly exaggerating.. from just the headline, it made it sound like he was getting out entirely.
     
  4. caughey

    caughey Member

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    It's an odd "article." They "discover" in a public filing that he is "silently" trying to get rid of shares? They call him Thomas Rogers in the first sentence, then decide his last name is really Thomas. They did spell TiVo correctly, but they got the SEC's name wrong. I'm not filled with confidence.


    Here's the info presented more objectively from a month ago that makes it seem less nefarious:
    http://www.dakotafinancialnews.com/...ogers-sells-37445-shares-of-stock-tivo/83874/

    Full disclosure: I do not own any shares of TiVo.
     
    Last edited: Apr 16, 2015
  5. unitron

    unitron Well-Known Member

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    Not to mention "trying to silently decrease his company’s share"

    His company's share of what?

    He's trying to decrease his share of the company and put the money into something else.

    Which is either for the sake of diversifying, which is a wise thing to do, or else he's got a major expense, like a kid going off to college, to handle.

    And he's probably about the right age to have a kid going off to college.


    This article doesn't appear to have been written by someone for whom English was the first language.
     
  6. jrtroo

    jrtroo Chill- its just TV

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    Yawn. Nothing to see here. Executives do this all the time, and are very careful to do it at a time to stay out of trouble.
     
  7. LoadStar

    LoadStar I voted! Did you?

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    Besides... isn't this specifically the kind of thing that the "no stock talk" rule was intended for?
     
  8. dlfl

    dlfl Cranky old novice

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    Most of what claims to be journalism today is gossip and there's no need to be accurate or spell correctly in gossip -- in fact errors can make it more juicy. The "consumer" is getting what they want -- they can't handle (or at least are bored with) the truth. Sad .....
     
  9. mrizzo80

    mrizzo80 Well-Known Member

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    This article reads like it was written by computer software. It's nothing but fact after fact after fact. No one writes like that.

    There are several just like it from the last few days, each with the exact same tone, structure, English "issues", and even the same phrases (ex: "could be an indicative of the not so promising stock price").

    Tom Rogers (aka "Mr. Thomas")
    http://www.octafinance.com/what-after-thomas-rogerss-insider-unload-of-tivo-inc-nasdaqtivo-stock/

    Barbara Rentler (aka "Mr. Barbara")
    http://www.octafinance.com/inside-s...d-25000-shares-of-ross-stores-inc-nasdaqrost/

    Yao Wenquing (aka "Mr. Yao")
    http://www.octafinance.com/why-yao-wenqing-sold-23000-shares-of-incyte-corporation-nasdaqincy/
     
  10. mschnebly

    mschnebly Well-Known Member

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    LOL TiVo Fan bois can play twister with the best of them.
    Rule #1 Never say anything negative about TiVo on a TiVo community site! LOL
     
  11. Series3Sub

    Series3Sub Well-Known Member

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    A. This is how execs in small companies paying puny salaries get their real pay. Often because of the small windows in which they can sell their stock, they almost always sell something.

    B. And if it is a slow stock swan song, this is no surprise either, as TiVo has already seen its best days, and with the coming expiration of TiVo's patents, this is a good time (the economy slowly improving) to cash out before it is too late. But we've all seen some "exit strategy" coming down the line, anyway. Very likely MSO devices will survive in some form, even if only at tiny MSO's, but we'll really have to wait a while to see what the real plan is for the retail end.
     
    Last edited: Apr 16, 2015
  12. tenthplanet

    tenthplanet Well-Known Member

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    Sounds like another another 'click bait' article
     
  13. mattack

    mattack Well-Known Member

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    No, not at all.. Again, if you follow ANY company, the execs sell.. They *HAVE* to disclose it, and usually sell at predetermined times.. I didn't RTFA to see if it was the case here.

    as I said in my other response, he still currently has a TON of stock..

    So again, nothing to see here, typical behavior..
     
  14. CybrFyre

    CybrFyre Member

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    there are many articles, now, written by computers instead of humans, I understand
     
  15. passname22

    passname22 New Member

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    Why would they get in trouble for selling stocks? It's not illegal to sell stocks unless it has contract lock.
     
  16. ej42137

    ej42137 Well-Known Member

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    It is if is prompted by confidential information you gleaned as a result of your position in the company. Have you never heard of "insider trading"?
     
  17. CharlesH

    CharlesH Member

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    Seems like a real non-story. Much of executive compensation is in the form of stock. At some point, they want to spend their compensation to buy something they want. Otherwise, what's the point? Just to be richer for the sake of being richer?
     
  18. JosephB

    JosephB Member

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    It is very likely that it was written by an algorithm. Lots of small, penny-ante stuff like this or sports scores for tiny minor league baseball games are written by computer programs these days.
     

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