WPT Insider Trading Activities... Holy ****
 

Excuse my french but, I think y'all will find this very interesting... Look at Steve Lipscomb's take from his shares.

:cool: NASDAQ symbol: WPTE, I'm no expert but I personally think this stock is gonna skyrocket in the next year or two as they fully launch in the European market.

Date Insider Shares Type Transaction Value*
17-Jun-05 KANIA, AUDREY D.
Executive Vice President 5,000 Direct Option Exercise at $0.0049 per share. $24
17-Jun-05 KANIA, AUDREY D.
Executive Vice President 5,000 Direct Sale at $23.50 per share. $117,500
17-Jun-05 MODER, ROBYN
Executive Vice President 7,150 Direct Option Exercise at $0.0049 per share. $35
17-Jun-05 MODER, ROBYN
Executive Vice President 7,150 Direct Automatic Sale at $23 - $24 per share. $168,0002
16-Jun-05 KANIA, AUDREY D.
Executive Vice President 12,543 Direct Option Exercise at $0.0049 per share. $61
16-Jun-05 KANIA, AUDREY D.
Executive Vice President 12,543 Direct Automatic Sale at $20.50 - $22.5 per share. $270,0002
16-Jun-05 MODER, ROBYN
Executive Vice President 7,850 Direct Option Exercise at $0.0049 per share. $38
16-Jun-05 MODER, ROBYN
Executive Vice President 7,850 Direct Automatic Sale at $22 - $23.01 per share. $177,0002
16-Jun-05 MODER, ROBYN
25,000 Direct Planned Sale $550,0001
15-Jun-05 KANIA, AUDREY D.
25,000 Direct Planned Sale $512,5001
15-Jun-05 KANIA, AUDREY D.
Executive Vice President 2,457 Direct Option Exercise at $0.0049 per share. $12
15-Jun-05 KANIA, AUDREY D.
Executive Vice President 2,457 Direct Automatic Sale at $20.50 per share. $50,368
6-Apr-05 LIPSCOMB, STEVEN
President 40,000 Direct Automatic Sale at $17.645 - $17.83 per share. $709,0002
6-Apr-05 LIPSCOMB, STEVEN
Chief Financial Officer 450,000 Direct Planned Sale $8,023,5001
18-Mar-05 LIPSCOMB, STEVEN
President 103,400 Direct Sale at $18 - $18.14 per share. $1,868,0002
18-Mar-05 LIPSCOMB, STEVEN
President 10,000 Direct Sale at $18.01 - $18.07 per share. $180,0002
18-Mar-05 LIPSCOMB, STEVEN
Chief Financial Officer 115,000 Direct Planned Sale $2,139,0001
17-Mar-05 KANIA, AUDREY D.
Executive Vice President 14,800 Direct Sale at $18.25 - $18.783 per share. $274,0002
17-Mar-05 MODER, ROBYN
Executive Vice President 14,800 Direct Sale at $18.25 - $18.783 per share. $274,0002
17-Mar-05 LIPSCOMB, STEVEN
President 45,400 Direct Sale at $18.25 - $18.783 per share. $841,0002
16-Mar-05 KANIA, AUDREY D.
Executive Vice President 47,374 Direct Sale at $19.095 - $19.22 per share. $908,0002
16-Mar-05 KANIA, AUDREY D.
Executive Vice President 13,126 Direct Sale at $19 - $19.092 per share. $250,0002
16-Mar-05 MODER, ROBYN
Executive Vice President 47,374 Direct Sale at $19.095 - $19.22 per share. $908,0002
16-Mar-05 MODER, ROBYN
Executive Vice President 13,126 Direct Sale at $19 - $19.092 per share. $250,0002
16-Mar-05 LIPSCOMB, STEVEN
President 142,122 Direct Sale at $19.095 - $19.22 per share. $2,723,0002
16-Mar-05 LIPSCOMB, STEVEN
President 39,378 Direct Sale at $19 - $19.092 per share. $750,0002
15-Mar-05 KANIA, AUDREY D.
Executive Vice President 40,000 Direct Sale at $18.755 - $19.18 per share. $759,0002
15-Mar-05 MODER, ROBYN
Executive Vice President 40,000 Direct Sale at $18.755 - $19.18 per share. $759,0002
15-Mar-05 LIPSCOMB, STEVEN
President 6,000 Direct Sale at $19 per share. $114,000
15-Mar-05 LIPSCOMB, STEVEN
President 120,000 Direct Sale at $18.755 - $19.18 per share. $2,276,0002
14-Mar-05 KANIA, AUDREY D.
Executive Vice President 25,600 Direct Sale at $19.25 - $20.012 per share. $503,0002
14-Mar-05 LIPSCOMB, STEVEN
President 73,800 Direct Sale at $19.27 - $20.012 per share. $1,450,0002
14-Mar-05 LIPSCOMB, STEVEN
President 97,500 Direct Sale at $19.004 - $19.25 per share. $1,865,0002
14-Mar-05 MODER, ROBYN
Executive Vice President 25,600 Direct Sale at $19.25 - $20.012 per share. $503,0002
14-Mar-05 MODER, ROBYN
Executive Vice President 33,500 Direct Sale at $19 - $19.121 per share. $639,0002
14-Mar-05 KANIA, AUDREY D.
Executive Vice President 33,500 Direct Sale at $19 - $19.121 per share. $639,0002
11-Mar-05 KANLA, AUDREY D.
200,000 Direct Planned Sale $3,800,0001
11-Mar-05 KANIA, AUDREY D.
200,000 Direct Planned Sale $3,800,0001
11-Mar-05 MODER, ROBYN
200,000 Direct Planned Sale $3,800,0001
11-Mar-05 LIPSCOMB, STEVEN
Chief Financial Officer 600,000 Direct Planned Sale $11,400,0001
11-Mar-05 LIPSCOMB, STEVEN
President 13,050 Direct Sale at $19.75 - $20.021 per share. $260,0002
11-Mar-05 LIPSCOMB, STEVEN
President 64,350 Direct Sale at $20.023 - $20.31 per share. $1,298,0002
11-Mar-05 MODER, ROBYN
Executive Vice President 9,940 Direct Sale at $19.75 - $20.042 per share. $198,0002
11-Mar-05 MODER, ROBYN
Executive Vice President 15,660 Direct Sale at $20.05 - $20.31 per share. $316,0002
11-Mar-05 MODER, ROBYN
Executive Vice President 200,000 Direct Option Exercise at $0.0049 per share. $980
11-Mar-05 KANIA, AUDREY D.
Executive Vice President 9,940 Direct Sale at $19.75 - $20.042 per share. $198,0002
11-Mar-05 KANIA, AUDREY D.
Executive Vice President 15,660 Direct Sale at $20.05 - $20.31 per share. $316,0002
11-Mar-05 KANIA, AUDREY D.
Executive Vice President 200,000 Direct Option Exercise at $0.0049 per share. $980
12-Aug-04 BERMAN, BRAD
Director 10,000 Direct Purchase at $6.8482 per share. $68,482
9-Aug-04 BERMAN, LYLE
Chief Executive Officer 12,480,000 Indirect Statement of Ownership N/A
9-Aug-04 LAKER POKER TOUR LLC
Beneficial Owner (10% or more) 12,480,000 Direct Statement of Ownership N/A
9-Aug-04 LIPSCOMB, STEVEN
President 2,400,000 Direct Statement of Ownership N/A
9-Aug-04 COPE, TIMOTHY J.
Director 12,480,000 Indirect Statement of Ownership N/A

Wow... must be nice.

What's the problem - he sold stock and got good money for it? I don't know where this list is from, but if it's correct, then I don't see any SEC 10(b)(5) or 16(b) violations...

What violation, did I mention violation?
 

:rolleyes:

NOOOOOOOOOOOOOO!

It is nice to see that he is rewarded for making poker what it is today.

I got your attention though, thats great.

You must have a terrible poker face dude. :D :eek:

You're an idiot. Welcome to the forum. It's going to be fun making you the new red-headed stepchild.

And why do we get these types of fucks to join?

Hahaha. Aeq has a new nemesis. BrianSwa is no longer at the top.

Somehow I doubt that.

But chill anyway, Aeq... There's nothing wrong with this particular post.

WPT Insider Trading Activities... Holy ****

hmmm.... could that be where the rediculous notion came from?? I believe insider trading is still a violation that gets you a nice new anklet and a mandatory vacation in your living room..... :D

You guys are confusing the perfectly legitimate action with the illegal one.

"Insiders" are allowed to trade their own stock. There is a public record of all their trades though (see above), so people canbe sure there is no funny business going on. The people on the list above are all "insiders" and those are their trades.

Typically though, when you hear about "Insider Trading," you are hearing about the people who made trades acting on information they had only because they were an insider - BEFORE it became public knowledge. That's the illegal part.

This is probably one of the dumbest threads. LOL.

Just out of curiousity, am I one of the confused??

Yes, I think you are.

The post was poorly titled. He wasn't trying to bust someone for illegal insider trading. All he was saying was, "Wow, look at how much this guy has made selling WPT stock!"

That's all.

You're right ... I was confused when he inferred that there was illegal activity going on. I'm pretty sure I'm not confused when it comes to corporate security transactions w/ directors and officers, though.

Right... but he never inferred that. You assumed he did. His "Holy ****" was a reference to the $ amounts.

Yes he did. :p

What? Where? Are you people all drunk?

I officially hate this thread :)

By replacing Insider with Insider's in the title your version makes sense.
Otherwise, majority rules. ;)

I hate you.

:D