Posted on 11/11/2020 9:06:51 AM PST by FR33DOM4ME
Pfizer CEO Albert Bourla sold 132,508 shares at an average price of $41.94 per share, or nearly $5.6 million total, on Monday, according to financial filings.
(Excerpt) Read more at cnbc.com ...
He did a propaganda service for the deep state.
That’s his reward.
Most of these executives use a plan when they commit in advance to selling blocks of stock when a certain price is hit. They don’t need to take any action - the target price is hit, the stock is sold automatically.
“And the individual investor who couldn’t log into their account on Monday to sell was SCREWED!”
Who couldn’t log in?
“And the individual investor who couldn’t log into their account on Monday to sell was SCREWED!”
A simple phone call would work!
I see no problem with this since anyone owning the stock could have sold it.
Had he bought huge amounts of the stock before the announcement it would be problematic but that is not what happened.
What does he think he is, a Congressperson?
It will be a problem if the Pfizer claims turn out to be materially false or misleading. Pump up the price with exaggerated claims then cash in before anything is verified. It’s happened before.
Bingo....the news this morning is that the volunteers who took the vaccine has bad effects from it.....severe headaches, achy bodies, and FLU LIKE SYMPTONS!! Almost like they were given COVID!
We’ll see for how much longer the nation’s Chairman of the SEC and our AG are respectable individuals.
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We already know about the AG. Zero credibility or integrity.
+1 He’s very much like the people he supports financially. They’re all in on the Big Scam.
LOTS of individual investors who do business via online brokers. I know that Schwab and TD Ameritrade were impacted the day of the Pfizer announcement. There are probably others.
“LOTS of individual investors who do business via online brokers. I know that Schwab and TD Ameritrade were impacted the day of the Pfizer announcement. There are probably others.”
All issues were resolved before Pfizer hit its high. Again, the telephone is available.
The spokesman is not telling the whole complex story. These plans can involve the price of the stock, but according to some lawyers they cannot be based on price alone. The issue has never been litigated, so it’s hard to say how the court might rule,
However, you can be pretty confident these sales would not have been triggered if the stock hadn’t hit 42.
That’s about what you’d expect if the vaccine works correctly, and creates a strong immune system reaction.
Insider
I don't trade without them.
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