FORD Execs Selling More Stock

Forward Industries Inc (NASDAQ: FORD) executives are painting the tape again today with insider selling disclosures. The players in stock today don't seem to care that their bids are getting hit by management and the stock continues to move higher (+6%). Today's disclosures: Director, Norman Ricken, exercised options and sold 30,000 shares from 05/23-05/24 at $19.10-$20.05; CEO, Jerome Ball, exercised options and sold 15,000 shares on 05/20 at $20.12. Director, Edwin Levy, exercised options and sold 1,500 shares on 05/20 at $17.80; President, Michael Schiffman, exercised options and sold 10,000 shares on 05/20 at $20.00-$20.05.

Shares of FORD have climbed 977% from their 52-week low of $1.90 to the current price of $20.46.

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