this post was submitted on 15 Sep 2023
1090 points (98.0% liked)
Technology
59374 readers
7244 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They should not be getting death threat from employees. They should be getting legal threats from the SEC, and prosecuted for insider trading.
I thought after some initial inflammatory headlines, ultimately the stock sale was a periodically scheduled sale. Has information on that changed?
Fun thing is though, if it's a regular scheduled thing and you schedule your burn-shit-down announcement until after, wellllll...
I mean I guess you could time it once like that, but if that's your plan, you could have just sold it all a year before you planned on tanking the stock when you set up the schedule and make more money. Or just not tank the stock.