Posted on 03/19/2018 3:38:22 PM PDT by TigerClaws
Was this in 2013 when Zuckerberg shared Facebook data with Obama?
It all depends on the nature of the sale. For most Senior Executives, sales of stock have to be filed in advance (I believe with the SEC). The filing, if it was made, should be available on the EDGAR database. If it was indeed filed, it then just happened to be the luck of the day.
If not filed, then yes, yes there is a problem...
Uh, probably not.
Well I stayed at a Holiday Inn once, and it’s not legal.
Oh, so the SEC Law Library is ‘no argument’.
Psychotic, Heal Thyself.
It’s a very misleading article.
As far as I can tell by looking at the Form 4s filed with the SEC, most of the sales of shares were part of a pre-arranged plan, called a 10b5-1 plan, that was set up in 2017 and was set out to sell 35 million to 75 million shares that he owned.
There could be shenanigans with the administration of the plan but brokers would have to be in on it and there would need to be collusion with a few others.
Not likely.
This is fake news.
Same reason McCabe should go to jail. Lying to the feds.
Facebooks been hashed the last 5 days. Hed be a fool not to sell.
If President Trump or one of his buddies did this, there’d be at least 5 more “special prosecutors” empaneled until at least January 20, 2025.
I have a few former coworkers who would like to dispute that. They followed the rules, and spent a long few months defending themselves in a court of law.
The crime? One sold a bunch of stock to purchase an airplane (which he flew till he couldn’t fly anymore), and another did about the same time to finance a new house. The company stock fell a couple weeks later.
That was for a small, long gone, ethanol company. They DID not dump the stock, as they had know idea it would drop.
Dude, you can't just throw up a link! If you believe that then you must accept that my dunce link proves you are a dunce.
Besides anyone that would hit on this can not be helped!
I know for a fact I have far more regard for the snot I just blew into a Kleenex than I have for anything associated with Mark Zuckerberg. He has firmly demonstrated that he has divested himself not only of stock, but of the birthright of his heritage and his people. He has chosen the way of Soros, which is to laugh with the devil himself. I think, despite his enormous wealth (probably ill gotten), he will come to a bad end. You can’t buy your way to Heaven.
“That was for a small, long gone, ethanol company. “
There is your problem
Almost all public company CEO's and high company officials sell stock this way.....on a preset and publically announced schedule. It's done this way to AVOID accusations of "insider trading".
I gave you the place to get the information. Do your own damned homework.
“I gave you the place to get the information. Do your own damned homework. “
LOL! Make your argument.
“Insider trading is highly illegal “
Are you saying it is illegal for anyone inside a company to buy or sell the company stock?
I think you are wrong.
Not to buy or sell a stock.
Buy or sell it with knowledge of insider information.
Didn’t Martha Stewart go to jail for that? Or lying about it?
I saw a documentary on her and I believe it was lying to a Federales that did her in, not the insider trading itself.
This legal? Unloading a stock when you have insider info it’s going to tank?
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