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Topic Title: Suze Oman
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Created On: 03/01/2024 08:14 AM
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 03/01/2024 08:14 AM
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dingpatch

Posts: 19058
Joined Forum: 07/24/2003

Suze Orman

February 26 at 1:30 PM ยท

I find this interesting. I wonder what they know.

The Walton Family just sold $4.5 billion worth of Walmart (WMT) ahead of its 3-for-1 stock split.

Each sibling (Jim, Alice, and Rob) sold $1.5 billion, and the trades were reported after market close on Friday (2/23) which raises questions about their outlook.

Amazon (AMZN) CEO Jeff Bezos has sold over $8.5 billion worth of shares over the last two weeks.

JPMorgan Chase (JPM) CEO Jamie Dimon sold off $150 million worth of shares on Thursday (2/22) in his first ever sale since taking over the company 18 years ago.

Advanced Micro Devices (AMD) CEO Lisa Su sold $20 million worth of shares so far with more to follow.

Meta Platforms (META) CEO Mark Zuckerberg sold another $80 million of shares on Wednesday (2/21), bringing his total to $428 million this year.

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Dora Hates You
 03/01/2024 08:19 AM
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jdbman

Posts: 12173
Joined Forum: 07/28/2003

I dont think these are alarming numbers. Suze Orman is notorious for sensationalism.

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.
 03/01/2024 08:20 AM
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RustyTruck

Posts: 33375
Joined Forum: 08/02/2004

Time to party like it's 1929...

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 03/01/2024 08:23 AM
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jdbman

Posts: 12173
Joined Forum: 07/28/2003

Time to party like it's 1929...
rt

"...the future is upsetting and the end is all ways near..." ( doors)

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So if you are a surfer I wish you the prosperity that allows you more time to pursue the salt water dream, and the true happiness that comes from warm water, clean waves and the companionship of your fellow surfers. If you are an internet troll just spewing bs then f off.
 03/01/2024 08:38 AM
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RustyTruck

Posts: 33375
Joined Forum: 08/02/2004

Let it roll, baby, roll...

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Capitalism is based on the ridiculous notion that you can enjoy limitless growth in a closed, finite system.

In biology, such behavior of cells is called "cancer".
 03/01/2024 08:57 AM
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3rdworldlover

Posts: 22528
Joined Forum: 07/25/2003

*uncertain

Like late stage capitalism
 03/01/2024 08:59 AM
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tpapablo

Posts: 43989
Joined Forum: 07/25/2003

Operating yachts cost some serious coin. Can pay the marina with shares of stock. But they don't know any more about the direction of the market than anyone else. Probably pre-planned sales. I'm going to sell a bunch myself in the near future. Doing that to build a new house, not because I see the market tanking.

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I :heart; Q
 03/01/2024 09:01 AM
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tpapablo

Posts: 43989
Joined Forum: 07/25/2003

Originally posted by: 3rdworldlover *uncertain
Yep.

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I :heart; Q
 03/01/2024 03:15 PM
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johnnyboy

Posts: 25157
Joined Forum: 07/22/2003

I think it's based on the idea that when Biden wins, the capital gains goes to 25%.

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"One of the reasons why propaganda tries to get you to hate government is because it's the one existing institution in which people can participate to some extent and constrain tyrannical unaccountable power." Noam Chomsky.

 03/02/2024 09:16 AM
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Cole

Posts: 68358
Joined Forum: 07/22/2003

Biden has made it a very good time to cash in.

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I was right.
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