Only a war on ALL 65+ year olds can bring down our underfunded liabilities. Wait…
Posted on 12/03/2021 12:51:10 PM PST by RomanSoldier19
Why are CEOs and corporate insiders selling their stocks at a far faster rate than we have ever seen before? Do they know something that the rest of us do not? If stock prices are going to continue soaring into the stratosphere like many in the mainstream media are suggesting, these insiders that are dumping stocks like there is no tomorrow will miss out on some absolutely enormous profits. On the other hand, if a colossal market crash is coming in 2022, then 2021 was absolutely the perfect time to get out. As I have said countless times before, you only make money in the stock market if you get out in time. Could it be possible that many of the richest people in the world have picked the absolutely perfect moment to pull the trigger?
According to CNBC, CEOs and corporate insiders have sold 69 billion dollars worth of stock so far this year. That is a new all-time record, and it is a whopping 30 percent higher than last year…
CEOs and corporate insiders have sold a record $69 billion in stock in 2021, as looming tax hikes and lofty share prices encourage many to take profits.
From Satya Nadella at Microsoft to Jeff Bezos and Elon Musk, CEOs, founders and insiders have been cashing in their stock at the highest pace on record. As of Monday, sales by insiders are up 30% from 2020 to $69 billion, and up 79% versus a 10-year average, according to InsiderScore/Verity, which excludes sales by large institutional holders.
(Excerpt) Read more at theeconomiccollapseblog.com ...
Dang, I had forgot about that 74th one!
Cheap insurance, bragging rights, etc
Still up ~20% YTD. Record highs, increase in taxes coming are causing higher insider selling. Most of them are re-investing in other stocks so its really more of a diversification play than anything else.
Probably buying gold, silver. platinum, etc.
Let us review the statement:
” As I have said countless times before, you only make money in the stock market if you get out in time”
Warren buffet has made a ton of money by staying in the market. That one example makes the statement absolutely false.
Oh. I looked at Dow. Thanks.
You only convert an appreciated asset into dollars when you sell (make money).
Until then you have an appreciated asset that will continue to fluctuate in value until it is sold. Until then, you have a high net worth “as of (fill in date)”
But rather than quibble about terms, It seems best to move on.
I wish you well.
MSFT : -$6.48
AMZN : -$47.57
GOOG : -$25.12
AAPL : -$1.92
“Why are they all building fortified farmsteads on the South Island of New Zealand?”
They’re building nothing. It’s a cover story to lure all the starving survivalists looking for peanut butter for their hardtack. All they’ll find in New Zealand is penguins and kiwis, neither of which make yummy sandwiches.
using percentages will help them understand better ...
Most people understand money - percentages don’t spend.
Capital always goes where it is best treated, an economic law lost on the “tax the rich” communists whom are masquerading as democratic progressives.
The wealthy are not going to wait, like a golf ball on a ‘t’, to be fleeced.
Even the Fed can’t save this sinking ship. I stayed onas long as possible. Time to grab a life preserver.
Ha! Me like.
ETN: - 0.19
Correct they know the tax rate for 2021. Nobody knows what it will be in 2022 other than going up up up.
true ... I meant for those examples, with amazon being down so much more in price per share, how did it compare percentage-wise to the others that had a lower share price?
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