Posted on 05/06/2021 6:13:33 AM PDT by dynachrome
Amazon CEO Jeff Bezos this week sold nearly $2 billion worth of shares in his company, according to filings with the Securities and Exchange Commission compiled by OpenInsider.
Bezos sold roughly $684 million worth of Amazon shares on Tuesday, the filings show, after unloading about $1.27 billion worth of stock on Monday. That means he’s sold about $1.95 billion worth of Amazon shares over the past two days.
The transactions were made as part of a prearranged 10b5-1 trading plan, according to the filings. Representatives from Amazon weren’t immediately available to comment on the latest sale.
The Amazon founder previously said he’d sell about $1 billion in Amazon stock each year to fund his space exploration company, Blue Origin, which continues to grow and on Wednesday announced it will launch its first astronaut crew to space this summer.
(Excerpt) Read more at cnbc.com ...
Sell high ?
The corona effect may be waning, and the profit growth curve will not remain
A billion here, a billion there, pretty soon you’re talking real money.
Guess he doesn’t wish to pay the ASSETS TAX” Pelosi wants.
Wonder if that is also behind the GATES divorce???
Jeff Bezos has a new girlfriend named Melinda and she says she needs the money ...
Before the Biden taxes steal 56%......
Before the Biden taxes steal 56%......
After yesterday in South Texas, Bezos isn’t a rival to Musk.
The #1 comment on the success of SpaceX is “JEFF WHO?” Bezos can’t even put anything into orbit.
Falcon9 owns the launch industry right now, better, cheaper, and able to do what everyone else just wishes they could do. At prices that are putting all the rest of them out of business. Bezos is just burning money without results so far. Maybe he can catch up, but Musk keeps moving the goal posts. I’m betting on SpaceX getting back to the Moon and getting to Mars first.
Diversification is smart.
Selling before Uncle Joe’s tax increase is smart, too.
Stop buying from Amazon, they have conservatives and the company destroys any competition through price manipulation.
Stop funding your enemies
The crash is coming.
Or buy more friends in D.C..
Seen that Win 95 launch celebration where they’re dancing? Gates has an odd waistline shape.
His girlfriend is costing him a lot of money.
How does one sell that amount? Does he tell Charles Schwab he wants to sell and they charge him $7 for the trade?
How quick do the shares sell?
I have sold stock but just shy of nearly $2 billion so do not know the steps...
The odd thing is that people who have some sort of mental disorder or have gone through some type of severely challenging event(s) in their lives often create things that are innovative.
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