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He's being accused of a pump and dump scheme with the stocks.
Nothing says confidence in Sony quite like that...
I'll be surprised if this doesn't lead to Hiroki Totoki's resignation.
Also Sony chief strategy officer Toshimoto Mitomo sold 25,000 shares of stock, representing around 18% of his total shares. He sold his shares at $21.02 as well, totalling $525,500.
There seems to be no honor among thieves.
insider-gaming.com
Nothing says confidence in Sony quite like that...
I'll be surprised if this doesn't lead to Hiroki Totoki's resignation.
Also Sony chief strategy officer Toshimoto Mitomo sold 25,000 shares of stock, representing around 18% of his total shares. He sold his shares at $21.02 as well, totalling $525,500.
There seems to be no honor among thieves.
Sony CEO Sells Over Half His Stock Following PlayStation Disc Announcement
In the days following PlayStation's announcement regarding physical game discs, Sony's CEO sold over half his stock in the company.
insider-gaming.com
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