Well it would seem some of the nations biggest CEO's are deciding to take a nice little chunk of cash out of their companies...
Apple's Tim Cook recently took $121 Million out... cashed in over 200k worth of stock.
And Amazon's Jeff Bezos just cashed in $1.8 BILLION worth of stock!
I don't know about the rest of you, but I don't view them stockpiling cash a good sign of things to come... Looks like they are cashing out before the bottom falls out.
Wonder if they have inside information? No doubt many other CEO's will take this as a sign for them to quietly exit before creating a rush on the market.
What is left after the rush? Well at least everyone at the top got their money out in time, 401k's are for sucker's anyway - right?
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What is to give light must endure burning -- Viktor Frankl
You never know SELLC, maybe it's the right-time for these folks to buy-up on their aeroplanes, helicopters, sailing-boats & islands ?...
I know of one island that may go up for sale soon !
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"Only an alert & knowledgeable citizenry can compel the proper meshing of the huge industrial & military machinery of defense with our peaceful methods & goals, so that security & liberty may prosper together". Dwight D.Eisenhower.
Yes, I could actually see Jeff Bezos buying pedophile island... and with an extra $1.8 billion in pocket change he could sure afford it. He could put Ring cameras all around the property!
That makes me wonder, does Jeff Bezos or anyone else with any real money actually use Ring cameras? I bet they don't risk it and have private security camera systems.
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What is to give light must endure burning -- Viktor Frankl