Current Events > Pfizer's CEO cashed out 60% of his stock on the same day vaccine unveiled.

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BlueTigerLion 11/11/20 9:45:32 AM #1:	https://markets.businessinsider.com/news/stocks/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705 Yikes sounds like Insider trading. Hope we don't find out in a couple months vaccine is a dud. --- Hey now. <cite>BlueTigerLion posted [p:947029654] in Pfizer's C... [t:79102103]...</cite> <quote>https://markets.businessinsider.com/news/stocks/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705 Yikes sounds like Insider trading. Hope we don't find out in a couple months vaccine is a dud. </quote> ... Copied to Clipboard!
pikachupwnage 11/11/20 9:46:57 AM #2:	I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies. --- My Mario Maker 2 Maker ID is J2K-RFD-K4G Even In sigs FOE! http://i2.kym-cdn.com/photos/images/newsfeed/000/665/328/d75.gif <cite>pikachupwnage posted [p:947029691] in Pfizer's C... [t:79102103]...</cite> <quote>I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies. </quote> ... Copied to Clipboard!
berlyman101 11/11/20 9:47:41 AM #3:	he probably doesn't expect to make any more money on it than the reveal day. stocks rise and fall based on perception and the perception was that this made them a more valuable company. --- http://www.lukesurl.com/comics/2010-02-24-determinism.png <cite>berlyman101 posted [p:947029713] in Pfizer's C... [t:79102103]...</cite> <quote>he probably doesn't expect to make any more money on it than the reveal day. stocks rise and fall based on perception and the perception was that this made them a more valuable company. </quote> ... Copied to Clipboard!
Poop2 11/11/20 9:48:21 AM #4:	pikachupwnage posted... I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies. <cite>Poop2 posted [p:947029738] in Pfizer's C... [t:79102103]...</cite> <quote>pikachupwnage posted... </cite> <quote>I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies.</quote> </quote> ... Copied to Clipboard!
SK8T3R215 11/11/20 9:48:35 AM #5:	His stock sale was carried out through a routine Rule 10b5-1, a predetermined trading plan that allows company staff members to sell their stock in line with insider-trading laws. Bourla's sale was part of a plan adopted August 19, the filing showed. He continues to own 81,812 Pfizer shares. --- New York Knicks, New York Jets, New York Yankees. <cite>SK8T3R215 posted [p:947029745] in Pfizer's C... [t:79102103]...</cite> <quote>His stock sale was carried out through a routine Rule 10b5-1, a predetermined trading plan that allows company staff members to sell their stock in line with insider-trading laws. Bourla's sale was part of a plan adopted August 19, the filing showed. He continues to own 81,812 Pfizer shares. </quote> ... Copied to Clipboard!
Error1355 11/11/20 9:48:40 AM #6:	How would it be insider trading if he sold it after the news went public? --- Welcome home, shed your skin and expose your bones. Take my hand, follow us into the black so far that we can't get back. <cite>Error1355 posted [p:947029746] in Pfizer's C... [t:79102103]...</cite> <quote>How would it be insider trading if he sold it after the news went public? </quote> ... Copied to Clipboard!
uwnim 11/11/20 9:51:19 AM #7:	Did their stock prices jump after the vaccine announcement? --- I want a pet Lavos Spawn. [Order of the Cetaceans: Phocoena dioptrica] <cite>uwnim posted [p:947029822] in Pfizer's C... [t:79102103]...</cite> <quote>Did their stock prices jump after the vaccine announcement? </quote> ... Copied to Clipboard!
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Hexenherz 11/11/20 9:54:11 AM #9:	uwnim posted... Did their stock prices jump after the vaccine announcement? Yeah it jumped up like 10 points. It's coming down a little bit though. --- FFXIV: Lucius Hexenseele (Brynhildr) \| RS3: UltimaSuende . 99 WC/Fish/Cook/Fletch/Div/Mining/Smithing/Thieving/Crafting/RC https://letterboxd.com/BMovieBro/ <cite>Hexenherz posted [p:947029896] in Pfizer's C... [t:79102103]...</cite> <quote>uwnim posted... </cite> <quote>Did their stock prices jump after the vaccine announcement?</quote> Yeah it jumped up like 10 points. It's coming down a little bit though. </quote> ... Copied to Clipboard!
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Solid Snake07 11/11/20 9:57:38 AM #12:	pikachupwnage posted... I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies. Lol wut?! --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:947030004] in Pfizer's C... [t:79102103]...</cite> <quote>pikachupwnage posted... </cite> <quote>I feel like CEOs shouldnt even be allowed to own stock in publicly traded companies.</quote> Lol wut?! </quote> ... Copied to Clipboard!
Unsugarized_Foo 11/11/20 9:59:10 AM #13:	He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:947030049] in Pfizer's C... [t:79102103]...</cite> <quote>He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision </quote> ... Copied to Clipboard!
ScazarMeltex 11/11/20 10:09:12 AM #14:	Unsugarized_Foo posted... He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision This. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:947030358] in Pfizer's C... [t:79102103]...</cite> <quote>Unsugarized_Foo posted... </cite> <quote>He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision</quote>This. </quote> ... Copied to Clipboard!
BlueTigerLion 11/11/20 10:13:24 AM #15:	Unsugarized_Foo posted... He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision If we read between the lines it sounds like he planned the announcement around the day he could sell his stocks. Of course he wouldn't admit to it. But it seems like that happened. --- Hey now. <cite>BlueTigerLion posted [p:947030491] in Pfizer's C... [t:79102103]...</cite> <quote>Unsugarized_Foo posted... </cite> <quote>He should be free to act with the public and not before it If he bought a lot before, thats sus. If he sold it after, then he deserves to get his share for having stocks go up under his supervision</quote> If we read between the lines it sounds like he planned the announcement around the day he could sell his stocks. Of course he wouldn't admit to it. But it seems like that happened. </quote> ... Copied to Clipboard!
Tyranthraxus 11/11/20 10:14:31 AM #16:	BlueTigerLion posted... https://markets.businessinsider.com/news/stocks/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705 Yikes sounds like Insider trading. Hope we don't find out in a couple months vaccine is a dud. As long as he announced the vaccine first then I don't see a problem with it --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:947030539] in Pfizer's C... [t:79102103]...</cite> <quote>BlueTigerLion posted... </cite> <quote>https://markets.businessinsider.com/news/stocks/pfizer-ceo-sold-stock-day-covid-19-vaccine-results-unveiled-2020-11-1029790705 Yikes sounds like Insider trading. Hope we don't find out in a couple months vaccine is a dud.</quote> As long as he announced the vaccine first then I don't see a problem with it </quote> ... Copied to Clipboard!
Returning_CEmen 11/11/20 10:14:48 AM #17:	I dont see anything shady here <cite>Returning_CEmen posted [p:947030555] in Pfizer's C... [t:79102103]...</cite> <quote>I dont see anything shady here </quote> ... Copied to Clipboard!
PatrickMahomes 11/11/20 10:15:30 AM #18:	Much like those senators/government officials who sold their stocks after a covid briefing, literally nothing will happen. --- NFLB 2020 Summersim Roster mk. 1 (12-4): https://imgur.com/4Pvr5rT NFLB 2020 Summersim Roster mk. 2 (11-5) (ELIMINATED): https://imgur.com/BBhN2z3 <cite>PatrickMahomes posted [p:947030570] in Pfizer's C... [t:79102103]...</cite> <quote>Much like those senators/government officials who sold their stocks after a covid briefing, literally nothing will happen. </quote> ... Copied to Clipboard!
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Solid Snake07 11/11/20 10:18:14 AM #20:	Error1355 posted... How would it be insider trading if he sold it after the news went public? It isn't. It would be insider trading if he sold his shares before some kind of news that would impact the share price negatively or bought a bunch of shares before positive news became public --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:947030671] in Pfizer's C... [t:79102103]...</cite> <quote>Error1355 posted... </cite> <quote>How would it be insider trading if he sold it after the news went public?</quote> It isn't. It would be insider trading if he sold his shares before some kind of news that would impact the share price negatively or bought a bunch of shares before positive news became public </quote> ... Copied to Clipboard!
Jabodie 11/11/20 10:18:26 AM #21:	Eh, this is what CEOs are expected to do tbh. They want the stock up so they can profit off options and personal holdings. This could be as simple as the dude waiting to cash out when they had a good vaccine so he can buy a boat or something. --- <insert sig here> <cite>Jabodie posted [p:947030680] in Pfizer's C... [t:79102103]...</cite> <quote>Eh, this is what CEOs are expected to do tbh. They want the stock up so they can profit off options and personal holdings. This could be as simple as the dude waiting to cash out when they had a good vaccine so he can buy a boat or something. </quote> ... Copied to Clipboard!
Pogo_Marimo 11/11/20 10:26:00 AM #22:	A Rule 10b5-1 means that a separate broker manages the sale of the stock under certain requirements, such as timeframe and price, to avoid accusations of insider trading. The broker was probably told to make the sale on or after the day of the vaccine announcement if the stock prices increased up to a certain amount. Once the stock hit that threshold, he sold the stocks at the pre-determined price. Not only would it be a bit odd to utilize insider trading with this method, it also would be completely unnecessary. --- 'Cause you know that I have no fear, ain't gonna walk into the river and disappear. I'm gonna be a powerful man. Red blood running down the broken sand. <cite>Pogo_Marimo posted [p:947030943] in Pfizer's C... [t:79102103]...</cite> <quote>A Rule 10b5-1 means that a separate broker manages the sale of the stock under certain requirements, such as timeframe and price, to avoid accusations of insider trading. The broker was probably told to make the sale on or after the day of the vaccine announcement if the stock prices increased up to a certain amount. Once the stock hit that threshold, he sold the stocks at the pre-determined price. Not only would it be a bit odd to utilize insider trading with this method, it also would be completely unnecessary. </quote> ... Copied to Clipboard!
BlueTigerLion 11/11/20 10:26:19 AM #23:	Solid Snake07 posted... It isn't. It would be insider trading if he sold his shares before some kind of news that would impact the share price negatively or bought a bunch of shares before positive news became public I think he planned the announcement around the day he could sell. Basically saying I want to sell my stock on January 14th in November. Then when January 14th comes announces the good news that could make the stock price go up. Seems like nothing is going to happen since agreeing to sell ahead of time is a loop hole. --- Hey now. <cite>BlueTigerLion posted [p:947030947] in Pfizer's C... [t:79102103]...</cite> <quote>Solid Snake07 posted... </cite> <quote>It isn't. It would be insider trading if he sold his shares before some kind of news that would impact the share price negatively or bought a bunch of shares before positive news became public</quote> I think he planned the announcement around the day he could sell. Basically saying I want to sell my stock on January 14th in November. Then when January 14th comes announces the good news that could make the stock price go up. Seems like nothing is going to happen since agreeing to sell ahead of time is a loop hole. </quote> ... Copied to Clipboard!
Solid Snake07 11/11/20 10:29:48 AM #24:	BlueTigerLion posted... I think he planned the announcement around the day he could sell. Basically saying I want to sell my stock on January 14th in November. Then when January 14th comes announces the good news that could make the stock price go up. Seems like nothing is going to happen since agreeing to sell ahead of time is a loop hole. I don't see how what you think is relevant, lol --- "People incapable of guilt usually do have a good time" -Detective Rust Cohle <cite>Solid Snake07 posted [p:947031050] in Pfizer's C... [t:79102103]...</cite> <quote>BlueTigerLion posted... </cite> <quote>I think he planned the announcement around the day he could sell. Basically saying I want to sell my stock on January 14th in November. Then when January 14th comes announces the good news that could make the stock price go up. Seems like nothing is going to happen since agreeing to sell ahead of time is a loop hole.</quote> I don't see how what you think is relevant, lol </quote> ... Copied to Clipboard!
__aCEr__ 11/11/20 10:37:25 AM #25:	Deciding on a future date that you want to sell shares of stock isn't a loophole it's financial planning. --- See you next Wednesday. <cite>__aCEr__ posted [p:947031300] in Pfizer's C... [t:79102103]...</cite> <quote>Deciding on a future date that you want to sell shares of stock isn't a loophole it's financial planning. </quote> ... Copied to Clipboard!
Romulox28 11/11/20 10:42:17 AM #26:	he planned this sale in August, nothing sketchy here imo --- https://imgur.com/LhwwG <cite>Romulox28 posted [p:947031444] in Pfizer's C... [t:79102103]...</cite> <quote>he planned this sale in August, nothing sketchy here imo </quote> ... Copied to Clipboard!
Jagr_68 11/11/20 10:48:26 AM #27:	It's only fishy if he had bought a fuckton of shares like a week earlier or sometime sooner but otherwise it's no different than any schmo on Robinhood selling while it's red hot. --- New York Rangers [2004-2008] https://media.giphy.com/media/WvQHBYW0q4TuxdAg61/giphy.gif https://psnprofiles.com/Jaromiroquai68 <cite>Jagr_68 posted [p:947031669] in Pfizer's C... [t:79102103]...</cite> <quote>It's only fishy if he had bought a fuckton of shares like a week earlier or sometime sooner but otherwise it's no different than any schmo on Robinhood selling while it's red hot. </quote> ... Copied to Clipboard!
Unsugarized_Foo 11/11/20 11:03:46 AM #28:	BlueTigerLion posted... If we read between the lines it sounds like he planned the announcement around the day he could sell his stocks. Of course he wouldn't admit to it. But it seems like that happened. Whatcha mean? Is he unable to sell his stocks at whim? I aint rich enough to know how this works --- "All I have is my balls and my word, and I don't break them for anyone!"-Tony Montana <cite>Unsugarized_Foo posted [p:947032185] in Pfizer's C... [t:79102103]...</cite> <quote>BlueTigerLion posted... </cite> <quote>If we read between the lines it sounds like he planned the announcement around the day he could sell his stocks. Of course he wouldn't admit to it. But it seems like that happened.</quote> Whatcha mean? Is he unable to sell his stocks at whim? I aint rich enough to know how this works </quote> ... Copied to Clipboard!
Krojen 11/11/20 11:08:57 AM #29:	He just knows how that pos stock moves and itll regress no matter what. --- https://imgur.com/hI4hAMb <cite>Krojen posted [p:947032384] in Pfizer's C... [t:79102103]...</cite> <quote>He just knows how that pos stock moves and itll regress no matter what. </quote> ... Copied to Clipboard!
Serious Cat 11/11/20 11:24:02 AM #30:	Unsugarized_Foo posted... Whatcha mean? Is he unable to sell his stocks at whim? I aint rich enough to know how this works They're basically not allowed to leverage knowledge they have prior to releasing it. If he'd bought shares last week anticipating the announcement, that would be illegal. If the vaccine trial fails, it would be illegal for him to sell shares before making the announcement. --- I are Serious Cat This is serious thread <cite>Serious Cat posted [p:947032930] in Pfizer's C... [t:79102103]...</cite> <quote>Unsugarized_Foo posted... </cite> <quote>Whatcha mean? Is he unable to sell his stocks at whim? I aint rich enough to know how this works</quote>They're basically not allowed to leverage knowledge they have prior to releasing it. If he'd bought shares last week anticipating the announcement, that would be illegal. If the vaccine trial fails, it would be illegal for him to sell shares before making the announcement. </quote> ... Copied to Clipboard!
g980 11/11/20 11:47:22 AM #31:	How does CE fall for this clickbait every time CEOs schedule and file their sales in advance, which this was --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:947033844] in Pfizer's C... [t:79102103]...</cite> <quote>How does CE fall for this clickbait every time CEOs schedule and file their sales in advance, which this was</quote> ... Copied to Clipboard!
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Current Events > Pfizer's CEO cashed out 60% of his stock on the same day vaccine unveiled. (+) Yeah! (+)

Current Events > Pfizer's CEO cashed out 60% of his stock on the same day vaccine unveiled.