Who said he’s shoring his stock? That’s your ASSUMPTION backed by no facts. And nothing he said isn’t true. They WILL go under some day, and the primary job of current employees is to make that NOT today. Anybody in the stock market that freaked out about this is an idiot who shouldn’t be in the stock market.
Who said he’s shoring his stock? That’s your ASSUMPTION backed by no facts.
He is selling a billion shares a year. The stock just took a nosedive. I can assume, because this looks suspicious. The SEC should investigate, because this looks bad. A cop who sees a driver zig-zagging in and out of his lane has to stop and investigate, too. It’s called probable cause. His statements and stock moves are probable cause, too.
” And nothing he said isn’t true...blah blah.”
A wise man knows whatever he says, but doesn’t say all that he knows. A fool says whatever he knows, but doesn’t know all that he says.—Yiddish proverb. As a CEO, he has a responsibility to not cause panic sell-offs by his words and actions. There are criminal penalties for doing that.
” Anybody in the stock market that freaked out about this is an idiot who shouldn’t be in the stock market.”
Anybody who would buy overpriced, overrated stock like Amazon is in for a rude lesson in life. That’s beside the point. He is not allowed to freak out idiots who bought his stock. If it turns out that he was manipulating his stocks in order to personally profit, it’s jail-time for Bezos (in a fair world, that is).