SNAP CEO dumped 50M stocks
Is this a signal? #stock #stockmarket https://www.businessinsider.com/snap-ceo-evan-spiegel-sold-50-million-of-company-stock-2020-1
What's the point of owning stocks if you cannot sell? Maybe he needs to do grocery shopping over the weekend?
You use them as collateral at an investment bank for a nine digit loans that you use to cover personal expenses. When they come due, roll it over into another one. This way you'll never pay any taxes!
I dump OP
it's only $50M, he's probably rebalancing his portfolio or taking care of his tax
He's buying Bitcoin
50 million is only approx 1/80th of his networth ...let him enjoy life!
It’s expensive raising Chad’s kid
He’s slowly getting out. FB is slowly eating Snap. Another signal to short it.
May be he needs to get his nose sharper and his wife's dimples deeper
these sites have apparently never heard of 10b5-1s same thing always gets reported w execs at every big tech company