1384
Comments (51)
sorted by:
66
SourcesFamiliar 66 points ago +66 / -0

Because their stock shot up 20% in a day. Anyone with market experience knows “buy the rumor, sell the news.”

Aka optimism never stays high and investors will take profits, as will executives who want to profit before the sell action drives the stock price back down.

14
juicemoney9 14 points ago +14 / -0

a-fucking-men

1
FreeBased1 1 point ago +1 / -0

Yeah, this is a non-issue. His company just announced a COVID Vaccine. Anyone would know that would make their stock price go up. I'd use that opportunity to sell, too.

11
PewPew_ThaDuK 11 points ago +12 / -1

Nah... CEO don't cash out because of a one day bump. Certainly not a 60% cash out. Something is going on. If the SEC or FBI actually did their jobs, they would be taking his money flow right now. Very strange for this to happen

5
Olds77 5 points ago +5 / -0

It makes me wonder if he thinks the glory days of big pharma ripping off Americans is over and he'd better get out on the higher side of things before reality sets in.

8
deleted 8 points ago +8 / -0
6
mbarnar 6 points ago +6 / -0

In about two-six months a lot of novice traders are going to learn the hard way that vaccines are not profitable for these companies.

6
Elemenohpede 6 points ago +6 / -0

This guy stock trades ^

2
inspir3dgenius 2 points ago +2 / -0

Sources Familiar with the stock market's thinking

29
deleted 29 points ago +29 / -0
15
Vsid [S] 15 points ago +15 / -0

I can’t think of any other explanation.

5
Comanche_Moon 5 points ago +5 / -0

There will have to be lawsuits. Someone will get sick on the vaccine, or someone will catch Covid in spite of having the vaccine. You can almost guarantee that lawsuits will be coming.

11
deleted 11 points ago +11 / -0
2
Comanche_Moon 2 points ago +2 / -0

All it will take is one crying mother saying the shot made her child autistic or something similar. All the lawyer speak in the world won't save them from people accusing them of rushing the vaccine before it was tested properly.

7
TonyGucciano 7 points ago +7 / -0

Yes it will. Because no one will see the crying mother. She will be kicked off every platform and defamed as an anti vaxxer, whatever the fuck that is. There are already mothers out there saying these things. The mainstream buries them and buries anyone who gives them credibility.

1
LugNuts 1 point ago +1 / -0

How would anyone know with tests that won't reveal false-positive/negative rates?

1
Carbum 1 point ago +1 / -0

Thats what I think. You nailed it.

14
deleted 14 points ago +14 / -0
7
Vsid [S] 7 points ago +7 / -0

My question is when was it scheduled? It sounds like when those officials got caught selling stocks and they said that they did not trade them, but if they passed alone the info then wtf did it matter.

6
theultimatesean 6 points ago +6 / -0

It was scheduled months in advance.

This is supposed to show that it was not coordinated; however, since the CEO knew months in advance of the sale date, was his announcement about the vaccine tied to his sale date? Hard to think otherwise.

4
Vsid [S] 4 points ago +4 / -0

I heard they stopped testing the vaccine at the end of last month. The article I saw didn't mention why, assumed it was due to verifying results. Not ascribing malicious intent, but it just looks odd to a layman. You throw down all the dominos and this is the coincidental placement?

2
deleted 2 points ago +3 / -1
2
Aletheia 2 points ago +2 / -0

It was scheduled in August

2
Vsid [S] 2 points ago +2 / -0

It’s 60% percent of his personal stock ownership so says the NYP

3
deleted 3 points ago +3 / -0
1
Bogey 1 point ago +1 / -0

Yup. Scheduled sale. I mean, he probably knew the vaccine was going to hit around then. Most people knew it was on the radar. So right after the other election was a fairly smart time to schedule it.

6
deleted 6 points ago +6 / -0
5
sahMsNt38 5 points ago +5 / -0

No, that's completely normal. After the stocks go up, people are more inclined to sell. Cashing in, basically.

2
throwthesalt 2 points ago +2 / -0

Do not take that fucking poison! Fuck big pharma, humans will adapt to the virus and live with it, just like we live with all the other million viruses.

2
CloudControl 2 points ago +2 / -0

It's weird because as an officer of a company I have blackout dates when I'm not allowed to sell stock based on news that is coming out.

You'd think the CEO of one of the biggest pharma companies in the world would have something similar.

2
BasedYooper 2 points ago +2 / -0

Pump in dump done by a bhenchod

2
ArticleISection10 2 points ago +2 / -0

take those profits while taxes are low

2
Surfsup 2 points ago +2 / -0

A bunch of suckers bought Phizer stock from him the other day. Needed the volume to dump. Easiest way is a fake PR.

2
Truglow 2 points ago +2 / -0

I wonder how many congressmen had stock?

2
Bimbam 2 points ago +2 / -0

90% effective against a virus that has a mortality rate of 0.029%, so it does ABSOLUTELY nothing, i'd dump 100% of my stock if i were the guy.

2
TheSwiftPepe 2 points ago +2 / -0

Yeah that was my first thought. 90% effective? So... 10% less effective than our immune systems?

1
deleted 1 point ago +1 / -0
1
shyAOC 1 point ago +1 / -0

common insider trade. nothing you can really do about it.

1
MrVegan 1 point ago +1 / -0

They are required to give it away

1
Guffman 1 point ago +1 / -0

A vaccine that's 90% effective on a virus that 99.9% of people recover from anyway.

Am I missing something here?

1
pepe_sanchez 1 point ago +1 / -0

It was nice watching my options lose half of their value in a day.

1
A_Normal_Politician 1 point ago +1 / -0

He knows the vaccine has no long term value because the storage requirements make it impossible for mass distribution.

1
deleted 1 point ago +1 / -0
1
QueensOwn 1 point ago +1 / -0

Rules for thee and not for me.

The ruling class has no rules. You peasants on the other hand better not step out of line or the SEC and a bunch of investigators will show up at your house.

1
TheJake 1 point ago +1 / -0

Fed seizure with 2018 executive orders

1
BigIslandFrog 1 point ago +1 / -0

When some crazy, deadly side-effect to the vaccine pops up in a month or two, he's gonna look pretty smart for cashing in now.

Wait, what?

1
Kekistan_United 1 point ago +1 / -0

because we are still in a state of emergency (building that wall)

the company wont profit from the manuf of the drug. GEOTUS saw to it.

so best bet is to profit from the 'news' of it.

1
deleted 1 point ago +1 / -0