In 2003, I started recommending Apple to my clients.
At the time, the stock had been destroyed. Prices dropped from a high of $36 per share to $12 when I bought it.
Shortly after I started buying, news came out there was massive insider selling… and the stock plummeted to $7.
Who was that insider?
Steve Jobs—the guy who rescued Apple.
On March 19, 2003, Jobs disposed of 27.5 million shares via his stock options. He would eventually sell a total of 55 million shares (via stock options sales to Apple) that year for an average price of $1.36 per share.
Imagine the calls I got from my clients at the time…