Another gloomy news. Alex Rogers this time. Sell sell and sell...
7 replies (most recent on top)
Stocks will likely go up after the layoff. That's the whole point, to please shareholders. When you trim the fat, your expenses are less, and you're worth more. Capitalism is a completely amoral economic system.
He is still with Q? Doing what?
There is nothing alarming about this. These sales are periodic and planned in advance to avoid claims of insider trading.
SEC only prosecutes low level offences committed by common man .... White collar shenanigans are reserved for executives.
@fli+1oVGjjL9, no, I don’t think he could. That’s kind of the point of those plans for the folks so high up in the company that they always know something material. So just as the plan is there to be sure that he didn’t sell when he knew something bad was going to happen, he also couldn’t cancel the sale if he knew something good was going to happen. Otherwise that would also be insider trading.
@czv+1oVGjjL9 I wonder if Alex R. couldn't cancel this transaction if he was very very optimistic about his employer Q
I wouldn’t read too much into this. Executives at his level have automatic share sale plans in place to avoid insider trading issues. This sale was planned a while back. Oh, and there’s this:
“ This article was generated with the support of AI and reviewed by an editor. ”