Nu Skin Board Chairman Sells off 4M Shares

Blake Roney, Chairman of the Board of Nu Skin Enterprises Inc, and 10% company owner, sold 4 million shares of his stock on June 9, 2010 at an average price of $25.65 per share. Generally not considered a good sign of internal financial stability, the selling of company stock by a board member, especially in vast amounts, can be the signal for the demise or downturn of the company at worst, and a corporate buyout or takeover at best.

The full financially explicit article can be read at the link below.


 

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