July 30, 2018
Lookie here; Mark Zuckerberg was shorting his own company.
He and other top Facebook executives have sold off nearly $4.13 billion dollars worth of stock since the Cambridge Analytuca story broke. Zuckerberg alone cost the stock 85% of it's sell-off.
Why? One could theorize. Perhaps they wanted to drive Facebook stock down in price for some reason? They could swoop in and buy it back at a fraction of its market value. In the meantime they could make Congress and the American People believe they are being hurt by "fake news" and must regulate it - meaning they must censor Conservative content. Oh, and it helps stop the government from regulating them. See, we are losing money; we're not a monopoly after all. Or if we are we are one losing money, like the Amtrac.
This is promoting calls for an investigation for insider trading of Zuckerberg and the executive staff.
It is unfortunate because Facebook may be deemed "too big to fail" since a lot of pension funds hold stock. The end result may be a quiet non-investigation. But Zuckerberg and Facebook have made their bed with pythons and should be investigated, and the company should be treated like any media outlet rather than as a tech company.
If you have editors of news you are a media outlet. And as such you are subject to FCC oversight.
Not also it's by definition not insider trading if you sell based on public information, and according to the chart you linked to, those sales were after the "scandal" (that Republicans perhaps did the same thing Obama was fulsomely praised for in the 2012 election) became a thing.
Posted by: Anonymous at July 31, 2018 08:32 AM (FPIRN)
Yeah; it's not illegal but it certainly is unethical - like a George Soros operation.
Posted by: Timothy Birdnow at August 01, 2018 01:08 PM (jqGpL)
Posted by: Anonymous at August 01, 2018 02:36 PM (FPIRN)
That would be unethical. Not criminal, or punishable, but it is not a savory thing to do. Perhaps we could just call it unsavory and leave it at that? Yes, he has the right to do it, but if I were going to do that I would have done it in stages so as not to hurt stock prices.
I think this is an instance where we can agree to disagree. I appreciate your points and understand why you think what you do. I just believe Zuckerberg is playing a game here and am unwilling to cut him much slack. After all, he pretty much cheated his co-founder pretty royally and he's played games with conservatives, blocking our content. It does not bespeak a guy who deserves a lot of slack be cut for him.
I appreciate your take on it, though.
Posted by: Timothy Birdnow at August 02, 2018 06:52 AM (d98BP)
Posted by: kaizen at October 28, 2018 09:35 PM (6Rqpm)
Posted by: Gerry at January 12, 2019 05:20 AM (VOIjN)
Posted by: strike force kitty 2 at July 23, 2019 10:37 PM (HCPxs)
Posted by: Rhainne Coles at February 06, 2020 03:39 AM (G3aJ8)
order oxycodone online
Buy oxycontin online now from rexonpharmacy.com without a prescription with your debit/credit card , bitcoins or paypal and get discreet next day delivery.
This medication is used to help relieve severe ongoing pain (such as due to cancer). Oxycodone belongs to a class of drugs known as opioid (narcotic) analgesics. It works in the brain to change how your body feels and responds to pain.
The higher strengths of this drug (more than 40 milligrams per tablet) should be used only if you have been regularly taking moderate to large amounts of opioid pain medication. These strengths may cause overdose (even death) if taken by a person who has not been regularly taking opioids.
Do not use the extended-release form of oxycodone to relieve pain that is mild or that will go away in a few days. This medication is not for occasional ("as needed”) use.
Posted by: buy oxycodone pills at February 26, 2020 06:10 PM (onLuP)
Posted by: Ajit Agarwal at May 01, 2020 08:18 AM (KLFrj)
Posted by: Nitin Sharma at May 04, 2020 09:22 AM (7sqf8)
Posted by: Tarun Sharma at May 06, 2020 10:04 AM (cmPj0)
Posted by: Milan Mandal at May 08, 2020 07:36 AM (euiPT)
Posted by: Danish Sharma at May 10, 2020 08:05 AM (euiPT)
Posted by: Nitish Sharma at May 18, 2020 06:57 AM (xLKZl)
Posted by: Sunil Sharma at May 28, 2020 09:18 AM (FrBqh)
Posted by: Jayesh Agarwal at July 14, 2020 03:07 AM (RyWx5)
37 queries taking 0.3061 seconds, 130 records returned.
Powered by Minx 1.1.6c-pink.