Current Events > Corporate executives reap millions from Reddit stock frenzy

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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. --- http://bob-loblaws-law-blog.blogspot.com/ <cite>BobLoblaw_ posted [p:950072966] in Corporate ... [t:79267507]...</cite> <quote>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. </quote> ... Copied to Clipboard!
Solar_Crimson 01/29/21 10:21:24 PM #2:	Is anyone surprised? --- I often wonder if we are growing as a people... or in fact, regressing. <cite>Solar_Crimson posted [p:950073449] in Corporate ... [t:79267507]...</cite> <quote>Is anyone surprised? </quote> ... Copied to Clipboard!
DoctorPiranha3 01/29/21 10:22:15 PM #3:	Way to go Reddit Making the rich even richer <cite>DoctorPiranha3 posted [p:950073465] in Corporate ... [t:79267507]...</cite> <quote>Way to go Reddit Making the rich even richer </quote> ... Copied to Clipboard!
BobLoblaw_ 01/29/21 10:22:52 PM #4:	Solar_Crimson posted... Is anyone surprised? Nope just Sad nothing will ever get better --- http://bob-loblaws-law-blog.blogspot.com/ <cite>BobLoblaw_ posted [p:950073481] in Corporate ... [t:79267507]...</cite> <quote>Solar_Crimson posted... </cite> <quote>Is anyone surprised?</quote>Nope just Sad nothing will ever get better </quote> ... Copied to Clipboard!
Jabodie 01/29/21 10:23:07 PM #5:	Well, that's obvious. Who do you think the meme investors are buying from? lol --- <insert sig here> <cite>Jabodie posted [p:950073489] in Corporate ... [t:79267507]...</cite> <quote>Well, that's obvious. Who do you think the meme investors are buying from? lol </quote> ... Copied to Clipboard!
pogo_rabid 01/29/21 10:23:56 PM #6:	DoctorPiranha3 posted... Way to go Reddit Making the rich even richer Don't fall for the misinformation campaign they're putting on. They're trying to break apart the army of monkeys. Together we're strong. Stay the course. --- Ryzen 3800x @ 4.3, 32 gig @ 4000, 1070ti, 970pro, Asus Strix x570-E FC: SW-8431-3263-1243 <cite>pogo_rabid posted [p:950073513] in Corporate ... [t:79267507]...</cite> <quote>DoctorPiranha3 posted... </cite> <quote>Way to go Reddit Making the rich even richer</quote>Don't fall for the misinformation campaign they're putting on. They're trying to break apart the army of monkeys. Together we're strong. Stay the course. </quote> ... Copied to Clipboard!
The Trent 01/29/21 10:24:12 PM #7:	we're supposed to be mad at these guys for using these unique market settings to their unique advantages right --- i'm Trent B and i get respect your cash and your jewelry is what i expect <cite>The Trent posted [p:950073525] in Corporate ... [t:79267507]...</cite> <quote>we're supposed to be mad at these guys for using these unique market settings to their unique advantages right </quote> ... Copied to Clipboard!
Orlando_Jordan 01/29/21 10:24:51 PM #8:	Why are they the bad guys? Just because they live in suburban McMansions and have everything you also want? --- "GameFAQs isn't going to be merged in with GameSpot or any other site. We're not going to strip out the soul of the site."-CJayC <cite>Orlando_Jordan posted [p:950073542] in Corporate ... [t:79267507]...</cite> <quote>Why are they the bad guys? Just because they live in suburban McMansions and have everything you also want? </quote> ... Copied to Clipboard!
CouldBeAnAlt 01/29/21 10:25:25 PM #9:	We did it reddit <cite>CouldBeAnAlt posted [p:950073561] in Corporate ... [t:79267507]...</cite> <quote>We did it reddit </quote> ... Copied to Clipboard!
BobLoblaw_ 01/29/21 10:31:34 PM #10:	Orlando_Jordan posted... Why are they the bad guys? Just because they live in suburban McMansions and have everything you also want? Be better --- http://bob-loblaws-law-blog.blogspot.com/ <cite>BobLoblaw_ posted [p:950073748] in Corporate ... [t:79267507]...</cite> <quote>Orlando_Jordan posted... </cite> <quote>Why are they the bad guys? Just because they live in suburban McMansions and have everything you also want?</quote>Be better </quote> ... Copied to Clipboard!
BilalPowell 01/29/21 10:33:09 PM #11:	Thats how they get rich. They make smart decisions --- Former #1 Birmingham Iron Fan. RIP AAF <cite>BilalPowell posted [p:950073801] in Corporate ... [t:79267507]...</cite> <quote>Thats how they get rich. They make smart decisions </quote> ... Copied to Clipboard!
NatsuSama 01/29/21 10:35:17 PM #12:	BilalPowell posted... Thats how they get rich. They make smart decisions ...or they were just born into wealth.....like most of the top 10%... --- WAAAH, I CAN'T BEAT THIS GUY WITH HIS TACTICS, I'M GONNA CALL IT SPAM AND CONDEMN HIM FOR USING IT <cite>NatsuSama posted [p:950073873] in Corporate ... [t:79267507]...</cite> <quote>BilalPowell posted... </cite> <quote>Thats how they get rich. They make smart decisions</quote>...or they were just born into wealth.....like most of the top 10%... </quote> ... Copied to Clipboard!
Doom_Art 01/29/21 10:38:53 PM #13:	we did it reddit --- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy <cite>Doom_Art posted [p:950073987] in Corporate ... [t:79267507]...</cite> <quote>we did it reddit </quote> ... Copied to Clipboard!
Tyranthraxus 01/29/21 10:40:28 PM #14:	DoctorPiranha3 posted... Way to go Reddit Making the rich even richer The rich always get richer that's unavoidable. The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop. These are the same fucks that killed TRU and others. Fuck them and fuck their hedge funds. Fuck them making money off driving other companies out of business. Fuck them selling shorts then having asshole pundits go on bloomberg and cnbc to spit lies about the company they just shorted. Fuck everything about them. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:950074027] in Corporate ... [t:79267507]...</cite> <quote>DoctorPiranha3 posted... </cite> <quote>Way to go Reddit Making the rich even richer</quote>The rich always get richer that's unavoidable. The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop. These are the same fucks that killed TRU and others. Fuck them and fuck their hedge funds. Fuck them making money off driving other companies out of business. Fuck them selling shorts then having asshole pundits go on bloomberg and cnbc to spit lies about the company they just shorted. Fuck everything about them. </quote> ... Copied to Clipboard!
RenegadeT3S 01/29/21 10:41:27 PM #15:	together ape strong --- Remember to turn OFF your high beams...yee filthy animals <cite>RenegadeT3S posted [p:950074045] in Corporate ... [t:79267507]...</cite> <quote>together ape strong </quote> ... Copied to Clipboard!
DoctorPiranha3 01/29/21 10:46:28 PM #16:	Tyranthraxus posted... The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop. Fuck over the people committing evil by committing the same evil! (I'm just being facetious btw. Fuck the stock market in general, should be illegal) <cite>DoctorPiranha3 posted [p:950074182] in Corporate ... [t:79267507]...</cite> <quote>Tyranthraxus posted... </cite> <quote>The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop.</quote>Fuck over the people committing evil by committing the same evil! (I'm just being facetious btw. Fuck the stock market in general, should be illegal) </quote> ... Copied to Clipboard!
Doom_Art 01/29/21 10:59:29 PM #17:	Tyranthraxus posted... The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop. fuck over greedy hedges by giving more money to greedy hedges brilliant --- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy <cite>Doom_Art posted [p:950074553] in Corporate ... [t:79267507]...</cite> <quote>Tyranthraxus posted... </cite> <quote>The goal isn't to destroy the rich it's to fuck over greedy hedges that were trying to destroy GameStop.</quote>fuck over greedy hedges by giving more money to greedy hedges brilliant </quote> ... Copied to Clipboard!
pogo_rabid 01/29/21 11:06:32 PM #18:	Doom_Art posted... fuck over greedy hedges by giving more money to greedy hedges brilliant That's not now shorting works. By driving up the price, you're putting the hedges into a situation where they have to either lose a shitload of money, or go bankrupt. --- Ryzen 3800x @ 4.3, 32 gig @ 4000, 1070ti, 970pro, Asus Strix x570-E FC: SW-8431-3263-1243 <cite>pogo_rabid posted [p:950074788] in Corporate ... [t:79267507]...</cite> <quote>Doom_Art posted... </cite> <quote>fuck over greedy hedges by giving more money to greedy hedges brilliant</quote>That's not now shorting works. By driving up the price, you're putting the hedges into a situation where they have to either lose a shitload of money, or go bankrupt. </quote> ... Copied to Clipboard!
BilalPowell 01/29/21 11:07:56 PM #19:	Every bigtime hedge fund is gonna have WSB spies now --- Former #1 Birmingham Iron Fan. RIP AAF <cite>BilalPowell posted [p:950074831] in Corporate ... [t:79267507]...</cite> <quote>Every bigtime hedge fund is gonna have WSB spies now </quote> ... Copied to Clipboard!
Squall28 01/29/21 11:08:53 PM #20:	Solar_Crimson posted... Is anyone surprised? I've been saying this was stupid since day one. All they're doing is taking the wealth from one rich guy and giving to another. --- You can't go back and change the beginning, but you can start where you are and change the ending. -Misattributed to CS Lewis <cite>Squall28 posted [p:950074858] in Corporate ... [t:79267507]...</cite> <quote>Solar_Crimson posted... </cite> <quote>Is anyone surprised?</quote> I've been saying this was stupid since day one. All they're doing is taking the wealth from one rich guy and giving to another. </quote> ... Copied to Clipboard!
indica 01/29/21 11:11:31 PM #21:	BobLoblaw_ posted... 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. Interesting stuff. Do you have a link for people who don't use Apple? --- There is no good. There is no evil. There just is. <cite>indica posted [p:950074944] in Corporate ... [t:79267507]...</cite> <quote>BobLoblaw_ posted... </cite> <quote>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.</quote>Interesting stuff. Do you have a link for people who don't use Apple? </quote> ... Copied to Clipboard!
Doom_Art 01/29/21 11:13:03 PM #22:	pogo_rabid posted... That's not now shorting works. By driving up the price, you're putting the hedges into a situation where they have to either lose a shitload of money, or go bankrupt. Several other corporate entities and hedge funds have made a killing off of this --- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy <cite>Doom_Art posted [p:950075001] in Corporate ... [t:79267507]...</cite> <quote>pogo_rabid posted... </cite> <quote>That's not now shorting works. By driving up the price, you're putting the hedges into a situation where they have to either lose a shitload of money, or go bankrupt.</quote>Several other corporate entities and hedge funds have made a killing off of this </quote> ... Copied to Clipboard!
E32005 01/29/21 11:14:08 PM #23:	indica posted... Interesting stuff. Do you have a link for people who don't use Apple? the link just takes me to cbs news --- https://imgur.com/LAvnefi <cite>E32005 posted [p:950075035] in Corporate ... [t:79267507]...</cite> <quote>indica posted... </cite> <quote>Interesting stuff. Do you have a link for people who don't use Apple?</quote>the link just takes me to cbs news </quote> ... Copied to Clipboard!
pogo_rabid 01/29/21 11:26:55 PM #24:	Doom_Art posted... Several other corporate entities and hedge funds have made a killing off of this Naturally there would be some parasites that profit off of this, that was a sure thing to happen, however as it stands, this is accomplishing exactly what they're going for. Honestly the people trying to say this is all bad because a few corpos made money off of this are using the same logic conservatives do when they equate the few rioters during BLM protests to discount the entire movement. --- Ryzen 3800x @ 4.3, 32 gig @ 4000, 1070ti, 970pro, Asus Strix x570-E FC: SW-8431-3263-1243 <cite>pogo_rabid posted [p:950075390] in Corporate ... [t:79267507]...</cite> <quote>Doom_Art posted... </cite> <quote>Several other corporate entities and hedge funds have made a killing off of this</quote>Naturally there would be some parasites that profit off of this, that was a sure thing to happen, however as it stands, this is accomplishing exactly what they're going for. Honestly the people trying to say this is all bad because a few corpos made money off of this are using the same logic conservatives do when they equate the few rioters during BLM protests to discount the entire movement. </quote> ... Copied to Clipboard!
Doom_Art 01/29/21 11:31:02 PM #25:	pogo_rabid posted... Honestly the people trying to say this is all bad because a few corpos made money off of this I'm not saying that, I'm just saying it's stupid to assume you're making rich people hurt for this. --- Not removing this until Mega Man 64 is released on the Wii Virtual Console. Started on: 12/1/2009 https://imgur.com/mPvcy <cite>Doom_Art posted [p:950075505] in Corporate ... [t:79267507]...</cite> <quote>pogo_rabid posted... </cite> <quote>Honestly the people trying to say this is all bad because a few corpos made money off of this</quote>I'm not saying that, I'm just saying it's stupid to assume you're making rich people hurt for this. </quote> ... Copied to Clipboard!
Tyranthraxus 01/29/21 11:34:36 PM #26:	Doom_Art posted... I'm not saying that, I'm just saying it's stupid to assume you're making rich people hurt for this. There's no need to assume anything. We already know 19 billion in hedge funds have been destroyed and Melvin Capital needed a bailout. Robinhood will probably tank after this as well. Ken Griffin will probably be okay as well as all the fucks at the DTCC but rich people are paying the price, factually so. --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv <cite>Tyranthraxus posted [p:950075607] in Corporate ... [t:79267507]...</cite> <quote>Doom_Art posted... </cite> <quote>I'm not saying that, I'm just saying it's stupid to assume you're making rich people hurt for this.</quote> There's no need to assume anything. We already know 19 billion in hedge funds have been destroyed and Melvin Capital needed a bailout. Robinhood will probably tank after this as well. Ken Griffin will probably be okay as well as all the fucks at the DTCC but rich people are paying the price, factually so. </quote> ... Copied to Clipboard!
The Trent 01/31/21 10:26:15 AM #27:	RenegadeT3S posted... together ape strong welp this made me lol --- i'm Trent B and i get respect your cash and your jewelry is what i expect <cite>The Trent posted [p:950117502] in Corporate ... [t:79267507]...</cite> <quote>RenegadeT3S posted... </cite> <quote>together ape strong</quote> welp this made me lol </quote> ... Copied to Clipboard!
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Eliza3 01/31/21 10:39:21 AM #29:	Anyone saying I knew this wasnt gonna work has no understanding of what the point was. It wasnt meant to destroy all rich people. It was meant to say fuck you to specific shorter sellers. GME short sellers have already lost over $20 billion according to CNBC. Plus its re-opening dialogue about Wall Street corruption and income inequality. Thats a win/win/win https://www.cnbc.com/2021/01/29/gamestop-short-sellers-are-still-not-surrendering-despite-nearly-20-billion-in-losses-this-year.html --- Early 30's. Exceedingly supple. --Wishing someone to get an account suspension is very disruptive and unacceptable think about your actions before posting!-- <cite>Eliza3 posted [p:950117763] in Corporate ... [t:79267507]...</cite> <quote>Anyone saying I knew this wasnt gonna work has no understanding of what the point was. It wasnt meant to destroy all rich people. It was meant to say fuck you to specific shorter sellers. GME short sellers have already lost over $20 billion according to CNBC. Plus its re-opening dialogue about Wall Street corruption and income inequality. Thats a win/win/win https://www.cnbc.com/2021/01/29/gamestop-short-sellers-are-still-not-surrendering-despite-nearly-20-billion-in-losses-this-year.html </quote> ... Copied to Clipboard!
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Current Events > Corporate executives reap millions from Reddit stock frenzy (+) Yeah! (+)

Current Events > Corporate executives reap millions from Reddit stock frenzy