For a guy worth over $100 billion of AMZN, selling $1 billion a year isn’t “dumping.” It’s nibbling at diversifying.
It’d take him over a century to get out of AMZN at this rate.
Idiot article.
I’m only guessing at his game. Could be he’s scaring people, causing a dip which he shorts, either by exercising puts or outright selling short, then when the scare wears off and the stock turns bullish, he buys it back at another profit, and does the same thing again later. But I smell stock manipulation, and I’d just love for him to get caught at it.