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Pre-Coronavirus Nightmare: Corporate Insiders Dumped BILLIONs in Stock – Over a 1000 CEOs Stepped Down – WHY?
True Conservative Pundit ^ | March 25, 2020 | Michael Snyder

Posted on 03/27/2020 6:31:44 AM PDT by CheshireTheCat

In the months prior to the most ferocious stock market crash in history and the eruption of the biggest public health crisis of our generation, we witnessed the biggest exodus of corporate CEOs that we have ever seen.

As you will see below, corporate insiders also sold off billions of dollars worth of shares in their own companies just before the stock market imploded. In life, timing can be everything, and sometimes people simply get lucky. But it does seem odd that so many among the corporate elite would be so exceedingly “lucky” all at the same time. In this article I am not claiming to know the motivations of any of these individuals, but I am pointing out certain patterns that I believe are worth investigating.

(Excerpt) Read more at trueconservativepundit.com ...


TOPICS: Business/Economy
KEYWORDS: conspiracy; insidertrading; stockmarket
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Keep scrolling. There is an article there to read even though it does not look like it at first.
1 posted on 03/27/2020 6:31:44 AM PDT by CheshireTheCat
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To: CheshireTheCat

If you ask me somebody bought a couple tons of Plaquenil thinking they would make a billion dollars this week. If true, that person should be looking at 20 years in prison.


2 posted on 03/27/2020 6:33:48 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: CheshireTheCat

This site is saturated with ads and pop ups.


3 posted on 03/27/2020 6:35:53 AM PDT by Starboard
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To: CheshireTheCat

That was the #MeToo virus that caused this.


4 posted on 03/27/2020 6:35:53 AM PDT by Crucial
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To: CheshireTheCat

It wasn’t very difficult to figure out that the virus was simply going to ‘sail over’ the United States...so they did what made sense, just as our family did in early Feb.


5 posted on 03/27/2020 6:37:38 AM PDT by BobL
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To: wastoute
Depends on when they bought it.

Anybody paying much attention at all to China in December knew that this could be coming, and that was with public information not private information.

6 posted on 03/27/2020 6:37:52 AM PDT by MrEdd (Caveat Emptor)
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To: BobL

It wasn’t very difficult to figure out that the virus was NOT simply going to ‘sail over’ the United States...so they did what made sense, just as our family did in early Feb.


7 posted on 03/27/2020 6:38:03 AM PDT by BobL
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To: CheshireTheCat

Amazing that CEOs and Congress critters are really, really “lucky” in deciding to dump their stocks for millions in profit. Every dime made on these suspicious trades ought to be taken in fines and charges filed.

Who trusts Wall St. with their retirement money these days?


8 posted on 03/27/2020 6:38:36 AM PDT by txrefugee
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To: MrEdd

“Anybody paying much attention at all to China in December knew that this could be coming, and that was with public information not private information.”

Tell me about. Many of these execs are selected based on their ability to assess information and not live in a world of denial, because they don’t like where the information is pointing.


9 posted on 03/27/2020 6:39:31 AM PDT by BobL
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To: MrEdd

And it is still hoarding or otherwise unethically taking advantage of other humans.


10 posted on 03/27/2020 6:40:58 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: CheshireTheCat

We have a problem here in China and will not be able to supply you with product.

The virus problem and official control orders were known to millions of Chinese and should not be considered insider information.


11 posted on 03/27/2020 6:42:02 AM PDT by Brian Griffin
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To: CheshireTheCat

Is the list of the 1k who stepped down in the article?


12 posted on 03/27/2020 6:43:00 AM PDT by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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To: MrEdd

I perfectly understand that Financial Services provide a critical service to people. There’s a limit. Read Kurt Vonnegut on “Money River”. Slurp too loudly and you get French Revolution. Sure it can be “perfectly legal” and you can explain that while they throw the rope over the lamp post.


13 posted on 03/27/2020 6:43:17 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: wastoute

1. No, it isn’t hoarding if the supply is being resold. Production of the drugs are being ramped up so mark up potential is limited.

2. Using ones brain to plan ahead is not unethical, despite the inference from your posting that it is something you would never do.


14 posted on 03/27/2020 6:44:28 AM PDT by MrEdd (Caveat Emptor)
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To: MrEdd

...and if you’re goal is to make a billion this week there is a lamp post in your future.


15 posted on 03/27/2020 6:45:44 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: MrEdd

Correct.

I and my wife bought a couple of things extra here and there in February. I saw potential consequences and wanted to make sure I could still wipe once or twice a day...

Unfortunately, I did not extend that same thinking to my IRA.

D’OH!!!


16 posted on 03/27/2020 6:46:33 AM PDT by L,TOWM (An upraised middle finger is my virtue signal.)
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To: CheshireTheCat

They are CEOs because they have more brainpower than the average bear. If you are smart, you can anticipate future events.

Yeah, 1000 resigned - out of how many? I have not seen many CEOs quitting in the Fortune 500 companies, which is what people usually think of when they see ‘CEO’. If we are talking about the millions of piddling little companies we have in the US, this is probably about the average turnover.


17 posted on 03/27/2020 6:50:16 AM PDT by proxy_user
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To: BobL

If Barrstool wasn’t doing the “trust the plan” crap and indicting foreign leaders who he has not way on earth of arresting, maybe he could get his head out of his butt long enough to actually look at a real crime in America.


18 posted on 03/27/2020 6:50:21 AM PDT by LS ("Castles made of sand, fall in the sea . . . eventually" (Hendrix))
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To: wastoute

Kurt Vonnegut was vastly overrated as a writer and certainly as an ethicist.

I believe that his experience in Dresden during the second World War scarred emotionally, and he was never capable of dispassionate evaluation after that. Every narrative became twisted to support the foregone conclusions he was trying to lead his readers to. This was just as true in his political articles as it was in his science fiction, and he became in many ways the John Kerry of his day.


19 posted on 03/27/2020 6:51:46 AM PDT by MrEdd (Caveat Emptor)
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To: MrEdd

“Hey, Kurt, you read lips?”

https://www.youtube.com/watch?v=pDLzLUmtU3w


20 posted on 03/27/2020 6:55:36 AM PDT by dfwgator (Endut! Hoch Hech!)
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