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| Insider Trading? | |
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| Tweet Topic Started: Mar 19 2018, 03:45 PM (34 Views) | |
| Jolly | Mar 19 2018, 03:45 PM Post #1 |
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Geaux Tigers!
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https://www.marketwatch.com/story/zuckerberg-saved-tens-of-millions-by-selling-facebook-stock-ahead-of-monday-decline-2018-03-19 |
| The main obstacle to a stable and just world order is the United States.- George Soros | |
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| George K | Mar 19 2018, 04:04 PM Post #2 |
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Finally
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Whoopsie...if true. |
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A guide to GKSR: Click "Now look here, you Baltic gas passer... " - Mik, 6/14/08 Nothing is as effective as homeopathy. I'd rather listen to an hour of Abba than an hour of The Beatles. - Klaus, 4/29/18 | |
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| jon-nyc | Mar 19 2018, 04:44 PM Post #3 |
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Cheers
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It’s not insider trading. We talked about this a couple weeks ago with a different CEO. CEO’s are *always* in possession of material, non-public information. So they are required to pre-announce their sales. The market is free to interpret that as bad news, or as just his or her normal method of turning shares into something you can buy stuff with. Normally if the CEO who normally sells X shares a year files to sell 10x, it’ll make the market nervous unless he has a good story to tell as to why he’s doing it. |
| In my defense, I was left unsupervised. | |
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4:21 PM Jul 10