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Rooney sells uscc stock????

TheUSCellGuy

Oct 23, 2007, 11:07 AM
This is old news, but I want some opinions. I think it was either for tax purposes or TDS is selling uscc.
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wombough

Oct 23, 2007, 12:04 PM
who is rooney?
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Going Postal

Oct 23, 2007, 9:22 PM
CEO of USCC...you gotts to keep up if you wanna play in the forumz...;)
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wombough

Oct 23, 2007, 9:37 PM
sorry I am not up to date on USCC. But I am on how they sell stocks and they can not base it off of anything if they want to stay out of jail these days. They are based off price and so forth.

So I would say it doesn't mean anything. As insider trading is not so good now a days.
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TheUSCellGuy

Oct 24, 2007, 4:55 AM
Yeah, it was probably for tax purposes or he wanted some dough!!!! Never thought about insider trading. Thanks peeps.
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MayorAdamWest

Oct 24, 2007, 1:49 PM
The guy wanted some money. He probably bought a new car or something. Big deal... I sell off some of my stocks around this time of year to pay for christmas presents.
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motosux

Nov 4, 2007, 4:01 PM
hopefully he'll be retiring soon. that old fart needs to go!
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TheUSCellGuy

Nov 5, 2007, 12:58 PM
There are some really funny peeps here. TheUSCellGuy, MotoSux and PhoneGuy23 will be running U.S.Cellular from now on!!! lol The uscellchicks can come along too.
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usccindiana

Jan 1, 2008, 3:23 PM
Jack's been with the company since 2000 and has done great things...I don't think he's going anywhere for a while. He's got a book coming out soon, though🙂
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TheUSCellGuy

Jan 3, 2008, 12:49 PM
I agree, he has done great things for uscc. I'm not sure if I will read his book though. Unless I get a free copy.
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rain413

Nov 21, 2007, 3:36 PM
lol he sales his stock every month, thats why they give them STOCK OPTIONS. thats how they get paid him and jay ellision. type usm into stocks.yahoo.com and click insider trading and you will see all the stock options they all upper level managment get being sold. they need money too
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knoxvegas75

Nov 21, 2007, 9:37 PM
yep just looked in the last year since Jan 07 Rooney has sold shares either automatically and self option sold for around about 4.0 million. To me this still seems a little high for your reason that he "needs money" I guess it prob is just a example of overspending by corporate executives by big corporations. Its not like that is anything new. Now he currently as of the 19th still owns 44,000 shares valuating around 3.8 million. So you all be the judge does over 50% of shares owned/optioned just pay his bills or is their other reasons????
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schumilvr

Jan 6, 2008, 5:41 PM
its no hidden fact he is planning on retiring in the next few years. Its his money so if he wants to spend it he can. You can't take it with you when you die and if we had that kind of money we would use it too. People just worry too much what everyone else is doing.
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TheUSCellGuy

Jan 7, 2008, 7:01 AM
My point is that when a high level exec of any company starts selling stock, there is usually a reason. In this case, I believe Rooney is offered USCC stock as part of his salary. I figured if it was important enough for The WSJ to mention it, I would post it here. I couldn't give a crap what he does with his $$$, I'm more concerned about the price of USCC's stock.
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