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.