Top Executives Sold Shares Just In Time

[RandySF]

“Top executives at U.S.-traded companies sold a total of roughly $9.2 billion in shares of their own companies between the start of February and the end of last week,” the Wall Street Journal reports.



https://politicalwire.com/2020/03/24/top-executives-sold-shares-just-in-time/

[uponit7771]

1. That's smart of them, T fall was horrible & a big tell to sale. Most 401k managers are not fuds

... so they do what's in the managers own best interest not their clients.

People who continue to eat 30% down markets aren't going to make it going forward because of the time it takes to get back to par.

People only have 30 - 40 years of ivesting you can't take 20 of those years in down markets.

[customerserviceguy]

2. The rats

always know when to leave the sinking ship.

[Bernardo de La Paz]

3. CEOs who oversaw corp buybacks in 2019 are incompetent & need firing. Was Buy High, Sell Low. . . nt

[OhNo-Really]

4. I think most quit & new ones took over. Wasn't there a CEO exodus in 2019

[global1]

5. At The Same Time Trump Was Telling Us That The Economy Was Sound And It Would Come Back Stronger....

when this was all over. These top executives probably knew their numbers & the strength of their companies was shaky to begin with. They bailed and now are counting on the Repugs to bail them out.

We need to identify those executives and make sure no bailout money goes to them. Their employees that they let go should tar and feather these guys.

[Igel]

7. Yes, but unlike China where the press is controlled,

Trump was saying what he was saying, much of the media was condemning him for it and saying something completely different.

If you believed Trump, all was well.

If you believed the media, all was heading for hell in a handbasket.

If you believed the media and didn't sell, then you had the information and didn't act on it. If you had the information and acted on it, those who didn't are now trying to say it was unfair.

Then there's somehow the misunderstanding that when a stock falls the company somehow loses operating revenue and when the stock increases the corporation itself profits. It doesn't, unless it holds some of its own stock. They're different things.

[redstatebluegirl]

6. Then they moved it to their accounts off shore so they don't have to pay taxes.