Why else would they sit on their hands as it goes into freefall and all of the staff watch their life savings disappear around the u bend
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It seems to be working as the stock is dropping
Will she cover before earnings or increase her short position based on the next quarters numbers?
Do you think she is going to share the information with staff so we can stop losing money and start to make back a small fraction of our losses? Is it right she is shorting and not sharing ? Did John Lennon tell her to do it?
Read the policy
I personally have been doing it on and off since it was at 60. That bonus has to come from somewhere. Really a money printing machine!
Not only executives but lower level employees are not supposed to short.
The company has very stringent restrictions on executives shorting stock. It’s very transparent and the policy is posted on website.