Posted on 02/17/2022 10:56:32 AM PST by SoCalConserv
"Stéphane Bancel, the C.E.O. of Moderna Therapeutics, allegedly released $300 million worth of Moderna shares, followed by the deletion of his Twitter account, seemingly with the intent of abandoning ship."
(Excerpt) Read more at redvoicemedia.com ...
Everything is fine, get your second booster now.
Never mind!
I looked, he’s been selling for over year.
That inspires confidence.
As I type this, the Dow is down 428…..
“I looked, he’s been selling for over year.”
What do you make of that?
By the way, the proper term apparently is “release”, not “sell”.
It’s kinda like you don’t borrow but rather sell a bond.
He's been selling since he was hired. About 4 times a week. They are sold regularly under his 10b5-1 plan which is reported to the SEC under "insider trading" rules. He has over 20 million shares, and at the rate his is selling them it would take over 15 years to sell them all.
Next post card postmarked Republic of Maldives, independent island country in the north-central Indian Ocean.
A website about places with no extradition, and about asset protection and other data. Interesting stuff....
https://www.offshore-protection.com/offshore-blog/non-extradition-countries-the-best-place-to-run-to
All time high of $484.47 last year for Moderna, today $149.15
$497.49 per NYSE.
Gotcha, I just used scrolling over the 3Y timeline.
Thanks for the correction.
WOW…
I can picture Jobama or some other slime bag telling the world that there is bad news coming for those who took the China virus jab.
I assume it’s considered bad to lose approx. 70% of your stock value in 6 months...
Look at the bright side.
The country will be then be comprised of brilliant hardworking anti-vax FReepers and members of Nation of Islam.
I’ve so bookmarked that link.
“That inspires confidence.”
Actually it’s usually very common. You work a company, you get stock. Over time you diversify because you aren’t an idiot.
Not saying that’s the case here, just saying it’s very common.
My brother is an example at a lower level. He worked for a company for years, was given quite a bit of stock. Then the company (Shurgard Storage) got bought by Public Storage and the stock went up quite a bit. He sold a lot, kept some, bought some Public Storage preferred stock among a lot of other things and is mostly retired at 62.
Right.
I make of it that he knows drug stocks are very volatile and he knew to sell (release) and diversify.
“As I type this, the Dow is down 428…..”
It’s now down 528, but that’s 1.5%, no big deal.
I’m up today, not much, but up.
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