But it was all a terrible mistake. In fact, CEO Harold Hughes had sold these shares in Rambus, which didn't stop the stock flying in an upward direction by four per cent.
As one Wall Street observer noted, Rambus did not send its condolences to people who bought thinking something good was about to happen. Instead, it just filed an amended report with the Securities and Exchange Commission.
The first report to the SEC is here. And the S4 amending that can be found here. Oh dear. µ