It's pretty crazy what was allowed to happen here.
To avoid insider trading laws, the CEO had to make an agreement with the board on selling his shares MONTHS in advance.
It just so happens the same CEO and board made the announcement the day the stocks were to be sold, so they went for the spike premium as the stock went through the roof.
No harm no foul, right? It's not like it's direct evidence they planned to release the vax days after the election for political and financial reasons or anything.
What is the implication here? He thinks the vaccine will fail? Will not be distributed or used as expected? Seems like if he thought it would still be bought and used as expected, he'd want to hold onto it?
He sold at a high because he doesn’t foresee it being higher. On July 1st the FDA must decide if the vaccines will be approved and removed from a emergency use. They will be removed from emergency use regardless. I don’t think they will be approved.
Where is that info from? Are you saying there's a deadline of July 1st for them to be approved or not, and if not, no more vaccines? (I hope that's true. Please show me where you saw that.)
Dammit, I can’t find anything definitive but July 1st is the date for the release of publication by the FDA. AstraZeneca specifically mentions July 1st as the end of the pandemic and the day they will profit off the vaccine. It’s confusing. The idea here is the July 1st is supposed to be a big day.
It's pretty crazy what was allowed to happen here.
To avoid insider trading laws, the CEO had to make an agreement with the board on selling his shares MONTHS in advance.
It just so happens the same CEO and board made the announcement the day the stocks were to be sold, so they went for the spike premium as the stock went through the roof.
No harm no foul, right? It's not like it's direct evidence they planned to release the vax days after the election for political and financial reasons or anything.
Noting to see here. No harm no foul. Nothing happens to these people anymore. Remember when the left made an example out of Martha Stewart?
SNIFF SNIFF
I smell INSIDER TRADING
What is the implication here? He thinks the vaccine will fail? Will not be distributed or used as expected? Seems like if he thought it would still be bought and used as expected, he'd want to hold onto it?
He sold at a high because he doesn’t foresee it being higher. On July 1st the FDA must decide if the vaccines will be approved and removed from a emergency use. They will be removed from emergency use regardless. I don’t think they will be approved.
Where is that info from? Are you saying there's a deadline of July 1st for them to be approved or not, and if not, no more vaccines? (I hope that's true. Please show me where you saw that.)
Dammit, I can’t find anything definitive but July 1st is the date for the release of publication by the FDA. AstraZeneca specifically mentions July 1st as the end of the pandemic and the day they will profit off the vaccine. It’s confusing. The idea here is the July 1st is supposed to be a big day.
How hilarious that they're scheduling "the end of the pandemic." It also happens to be the beginning of a fresh financial quarter. lol.
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