• @RaoulDook@lemmy.world
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    492 years ago

    In the USA that would most likely fit the textbook definition of Insider Trading, which is bigly illegal

    • @Szymon@lemmy.ca
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      522 years ago

      It only looks like insider trading if you forget the definition of insider trading and only read a headline curated to ignore the important details that show small, consistent sales across time regardless of company activities.

      • @RaoulDook@lemmy.world
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        382 years ago

        Well yeah of course I didn’t read the article. I don’t give much of a fuck about it. I took the headline at face value (“sold stock days before announcement”) and fired off my Lemmy content into the ass crack of this butt land. You’re welcome.

    • @Cavemanfreak@lemm.ee
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      182 years ago

      I don’t think it’s that black and white, since he apparently has sold stock steadily through out the year (and hasn’t bought any at all).

      • @Beardliest@lemmy.world
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        72 years ago

        I think that makes it worse. It’s obvious that he was doing that with this change in mind. Especially if he didn’t buy any over that period.