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Topic | Corporate executives reap millions from Reddit stock frenzy |
BobLoblaw_ 01/29/21 10:04:19 PM #1: | The bad guys still win https://apple.news/A5sCm85YnSk6Q7HTdZOaYJg Executives tend to trade stock through pre-set plans in order to avoid any appearance they might have traded on insider information, which is illegal. But notes on the trades in recent filings the executives submitted to the U.S. Securities and Exchange Commission do not state that the recent stock sales at both BlackBerry and GameStop took place through these so-called 10b5-1 plans. That suggests none of the trades had been scheduled in advance. --- ... Copied to Clipboard! |
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