Tree Inc Fir, 10% Owner at Coconut Palm Acquisition Corp. (CNUT), sold 750,000 shares at $5.63 ($4.2M) on 2007-03-02, disclosed to the SEC on 2007-03-05.
Open-market sale of $4.2M CNUT by 10% Owner. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Negative factors outweigh the positive ones.