Why not? This is a unmoderated thread. I can ask all kind of questions I want without the fear of getting the 'hook'!
Btw
Jeffie is buying another Honda.
>WASHINGTON, May 7 (Reuters) - Amazon.com Inc. (NASDAQ:AMZN) founder and chief executive Jeff Bezos, whose sale of the online retailer's stock earlier this year caught the attention of federal regulators, has announced plans to sell more shares.
Bezos made a filing with the Securities and Exchange Commission to dispose of 300,000 common shares valued at nearly $5 million. The approximate date of sale was May 1, said the filing, which was publicly released by the SEC on Monday.
"He's selling for the purposes of liquidity and diversification," Amazon spokesman Bill Curry said on Monday.
The shares represent significantly less than 1 percent of his holdings in the Seattle-based Internet retailer, he added.
Bezos sold 375,000 shares worth $5.5 million on Feb. 2, followed three days later by a sale of 425,000 shares for about $6.2 million, the SEC filing showed.
Those sales came shortly before a Lehman Brothers analyst released a negative research report on Amazon, prompting the SEC to ask Amazon for information related to the transactions.
"They've asked us to provide them with some information and we're happy to help in any way we can and to answer any questions they may have," the Amazon spokesman said, adding Bezos routinely sells shares from time to time.
Amazon shares lost 88 cents to $16.68 in afternoon trading on Nasdaq. |
