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.
