They literally do insider trading. There is legal and there is illegal insider trading. Illegal insider trading is trading based on nonpublic information. There will be blackout windows when they can’t trade, usually leading up to quarterly reports or before any major deal closes. All their trades are monitored and listed somewhere like here: https://www.secform4.com/insider-trading/1043298.htm
So if Amazon released bad quarterly numbers and Jeff dumped a bunch of his shares a week before, that would be pretty obvious. Instead he says I’m going to be selling X shares in Y months time. Maybe he just needs money, maybe he thinks there is bad news in future, but everybody else has time to sell before he does.
Latest Answers