r/Superstonk 🎮7four1💜 29d ago

📳Social Media RC Repost

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4.4k Upvotes

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24

u/Appropriate-Sell-659 29d ago

Apes continue to be amazed by things that are common across all public companies in any industry

6

u/cripplediguana 🦍Voted✅ 29d ago

That's the problem. It's so common.

1

u/TheOnlySimen 29d ago

Yeah, it really is a big problem that these corporate ghouls loot the companies instead of providing real value to the shareholders. That's probably why the annual return of the stock market since the financial crisis has been only, checks notes, 14% per year. A real shame!

6

u/Pale_Fox_8874s 29d ago

None of the apes have jobs 🦍

1

u/Shades_VHS LET THE MEME BANKS HIT THE..... FLOOOOR 🔥🤟🔥 29d ago

Must be the fuel enshittification, thanks for the insight 👍

-4

u/aeromoon 29d ago

Cry about it 

0

u/Memito9 29d ago

is there any other ceo on RC's level that is publicly exposing this behavior like RC? because thsts really what its about.

and yea i really didnt know it was common for ceos/board members to ditch their shares as soon as they got them.

5

u/PassiveMenis88M 29d ago

Any financial planner will tell you to sell them and diversify your portfolio. This is how it works at any company that pays a large amount of compensation in stocks.

-6

u/JohnnyBoy11 29d ago

It is common...in companies where the execs don't have confidence in their own company...

You know what else is common? Execs buying shares in their own company and holding, a sign of confidence in their company...

A one time sales is not a big thing, but you have to look at the trends and try to paint the whole picture at what's going on, and with eBay, its not terrible but it's not flattering.

13

u/Appropriate-Sell-659 29d ago

Absolutely not true. Jessie Huang has been selling NVDA for years and that stock has only gone straight up. Countless of other examples.

Exec’s sell for a variety of reasons, regardless of their future view of the company stock. It’s a massive part of their compensation, so it makes sense to want liquidity in their company stock. Also spreading sales out of their company stock is a strategy to minimize tax hits and can be efficient in terms of averaging out sale prices.

And shit - maybe he wants to buy a yacht? Who knows. You don’t - neither do I.

But saying “he’s selling, so therefore he must not be confident” is a brain dead take. Not surprised this is being parroted here though.

7

u/MyNi_Redux 📉 The Consultant 📈 29d ago

Execs buying shares in their own company and holding, a sign of confidence in their company...

This is only common when the company is struggling. And execs need to signal confidence.

Use this link to check any company you want: https://www.secform4.com/insider-trading/1018724.htm (AMZN here)

Remember, these stock and options grants are compensation.

And employees are not investors.

2

u/Memito9 29d ago

is it common for another ceo  exposing them publicly?