this post was submitted on 15 Sep 2023
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They should not be getting death threat from employees. They should be getting legal threats from the SEC, and prosecuted for insider trading.
Should should should should should
Nothing works within our government anymore.
And as shit goes down because no one enforces corporate, the rest of us suffer the consequences.
When upper managemeny does stock selloffs before sabotaging the value of the company, it generates distrust in the whole market if they are not prosecuted. Traders stop buying and the economy goes into recession.
I thought after some initial inflammatory headlines, ultimately the stock sale was a periodically scheduled sale. Has information on that changed?
Fun thing is though, if it's a regular scheduled thing and you schedule your burn-shit-down announcement until after, wellllll...
I mean I guess you could time it once like that, but if that's your plan, you could have just sold it all a year before you planned on tanking the stock when you set up the schedule and make more money. Or just not tank the stock.