AMZN INSIDERS SOLD TONS OF STOCKS:
<five insiders sold or filed to sell a total of 262,500 shares at prices ranging from $126
to
$131 each. Leading the way among sellers, Chairman Jeffrey Bezos filed to sell
180,000 shares. This potential sale would represent Mr. Bezos' first since initially filing
in '97. Next in line of sellers, Director Tom Alberg filed to sell a total of 40,000 shares.
This potential sale would be Mr. Alberg's largest since initially filing in '97. Next, VP
Kavitark Shriram filed to sell 25,000 shares, having just filed in October. VP Richard
Dalzell filed to sell 10,000 shares, following his August sale of 25,000 shares at
$135.50 each. Executive Joel Spiegel filed to sell 7,500 shares.>
Why is the stock at 220+? Any reason when these insiders were willing to dump at
120+. Next year will come down to the teens. IMO. |
