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originally posted by: DBCowboy
originally posted by: ScepticScot
originally posted by: DBCowboy
a reply to: network dude
I hate to point out the obvious, but Mark Zuckerberg is wealthy and supports leftist policies.
So the law and rules of society don't apply to him.
Maybe, maybe not. Irrelevant anyway in this case as he hasn't done anything illegal.
Doesn't matter.
Laws are only applied based on political ideology.
originally posted by: ScepticScot
originally posted by: DBCowboy
originally posted by: ScepticScot
originally posted by: DBCowboy
a reply to: network dude
I hate to point out the obvious, but Mark Zuckerberg is wealthy and supports leftist policies.
So the law and rules of society don't apply to him.
Maybe, maybe not. Irrelevant anyway in this case as he hasn't done anything illegal.
Doesn't matter.
Laws are only applied based on political ideology.
No, really they aren't. But keeping feeling victimised if it makes you feel better.
I don't think you'll find anyone defending heinous Zuckerberg here
Facebook spokeswoman Vanessa Chan said in an email that the stock sales are intended to fund the Chan-Zuckerberg Initiative, the philanthropic investment organization the Facebook founder set up with his wife in 2015. In an SEC filing in September, Zuckerberg said that he plans to sell at least $6 billion in Facebook stock over the next 18 months to fund the organization’s efforts.
originally posted by: introvert
a reply to: network dude
Perhaps I am not reading the snippet in the Op correctly, but it does say that the shares he sold were part of a "predetermined plan".
So what was the "plan" and how can we say it is insider trading if the shares are being sold as part of a plan that is already in place?
originally posted by: midnightstar
Insider well It is his so he should know when to sell better then anyone .
Frankly I find it funny he should lose millions just to sastfi you or anyone .
Now If I owned a company I would be smart enough to know stock rises as the company grwos Once teh market is saturated STOCK falls the best tie to sell is Before that happens NOT after .
Now insider trading to drive prices up should be a crime .Or insider knowledge ( reserved for that person )
OOO like the movie Trading places ( were the rich guys payed for Advanced info on orange crops so they could drive prices up Knowing in advance how the market would go .