markets.businessinsider.com
Lol obvious stock manipulation is obvious
And what’s the problem with that?
Insider trading?
People were telling me he announced it after the election to damage trump. But it seems like this guy was just trying to line his own pockets and didn't give a shit about anyone but himself.
60% of his stock is only worth $5.6M?
He's only been CEO for 2 years.
Seems like he got lowballed by the recruiter. He should have gotten another offer so he could negotiate up his stock portion. What was his sign on bonus?
The problem is executives are supposed to place an order in the future and disclose this date to the SEC - they can't sell their own company's stock just willy nilly. Looks like he knew when the results were coming out and what they were going to say. So that would make it insider trading given that he made this decision based on material non public information. This is just circumstantial evidence at this point.
Smart
So, does that mean Pfizer knew about the vaccine and it’s announcement way ahead of time. They just waited for post election, so this guy could make his insider sale?
This tells me this vaccine may not work.
This is part of a pre arranged deal where the CEO agreed to offload certain amount of stock based on movement after the announcement. This is routine and happens after almost every drug trials.
What's wrong with taking profits?
Hey guis we totally fixed covid I swear. I'm so confident I'm selling all my stock right now and not going to wait it out for the giant payday thats sure to come if we really are successful. In a few months... Hey guis about that 90%...