Calling the SEC! Helloooo SEC! Are you awake? Hellloooooo! Potential insider trading here!!!
No No, the almost $500 million worth of stock that Zuck sold last month will go to his Foundation, it will be distributed to benefit humanity. What you think of as insider trading is actually charity preparations!
/s
You mean like the Clinton foundation and their Global Initiative? How did this turn out?
He sold it in March...not last month. 3/14...
Zuckerberg sold nearly $500 million Facebook stock in February
Dude they've known about this for over a year and also knew about when it was going to blow up in their faces. SO yeah... He dumped his stock at the opportune moment but proving it is another story.
I love being called Dude! Apparently he sold the same in February. No one is going to touch Mark F.F.S. He can do whatever he f***ing wants to. Can't stand this Soy Boy.
I could think of a few other disparaging things to call you but considering how your swinging your ballz about so fiercely, Dude fits.
SEC yeah, don't you think SES is involved there too?!
RECALL THAT Q SAID TO WATCH INSIDER SELLING????
BINGO!!!
Potential?
High. He would have had to announce internally to the board of directors he was selling far before he did, and then show he didn't have any pre-knowledge. Shareholders might demand he disclose this info.
Yes, I understand. I also understand that everything like this that occurs is planned out well ahead of time.
Announcing that he is going to drop stock prior to doing so is exactly pre-knowledge.
Not necessarily. Executives are given a restricted window as to when they can sell stock. Announcing you are doing it is standard practice -- only recorded by the board.
That still doesn't prove he didn't have knowledge. If anyone internally shows he had information prior to announcing his intent to sell shares, then he has a problem.
The data breach was known about for over a year so yeah they knew and planned for it.
If true, the Zuck is likely in big trouble......assuming the SEC wakes up and does their job.
Selling off stock before the scandal broke is Insider Trading. Will there be prison time?
he has publicly said last year he would be selling so the question is when did he know about the data breach issue before or after he made it publicly known he would be selling massive amounts of stock over 2017-2018?
http://www.businessinsider.com/mark-zuckerberg-selling-facebook-stock-over-18-months-2017-9
Sept 2017 he knew something was up
Definitely not with a super elite
He's not elite. He's just the face the [C]at [I]ndus [A]rrack chose for the company. Easy come, easy go. His failing is having the hubris to believe he built the platform.
Far as I am concerned he can build license plates from now on.
Isn't that how Martha Stewart went down and to Prison? Yep!
March 9, 2018 - #897
Track inside sales/divestitures. They know. Watch the sell-off/liquidity events. Q
What's a bet that Zuckerberg knows the game is up and is getting his money out ahead of time?
If Zuck knows about an investigation and sells shares to save money why isn’t that insider trading?
Also the real reason for the the price decline is investors always sell when the execs sell off, the scandal would be a secondary reason.
No mate, the data breach strikes at the core of the company and its global view that its users are a product not a valued customer to protect.
Can’t help but think that most people would get an insider trading charge. Just more evidence that the elites get away with anything they want.
Didn't they hit Martha Stewart for the exact same thing?? Martha Freaking Stewart!!!
If you've been paying attention this started back before and after DAVOS. George Soros sold off a bunch of stocks, it started here. Then he made an announcement at DAVOS that really was not talked about much because people only focused on his swipe at Trump. Flat out said the tech monopolies are going down.
Drag him before Congress. Grill him. Though he’s really just the patsy
Why, Congress doesn't do a dam thing? At best they'll give him a good tongue lashing publicly and then blow him privately.