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Title: Ponzi? Insiders Dump Stocks To Their Own Companies At Record Pace
Source: [None]
URL Source: https://www.zerohedge.com/markets/p ... ocks-own-companies-record-pace
Published: Dec 11, 2021
Author: Tyler Durden
Post Date: 2021-12-11 16:27:19 by Horse
Keywords: None
Views: 1183
Comments: 48

"What you're seeing is unprecedented."

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Begin Trace Mode for Comment # 15.

#1. To: Horse (#0)

It is about time for the stupid little people to buy at the top, hold until it bottoms and then sell. After all, they deserve to lose their money and the wealthy deserve to take it.

DWornock  posted on  2021-12-11   19:04:06 ET  Reply   Untrace   Trace   Private Reply  


#4. To: DWornock, 4um (#1)

...hold until it bottoms and then sell.

Ah, I see you knew my late mother. She rode 2k shares of GM stock right down to the vanishing point against my advice in the 2009 crash.

"I need the dividends!" "As GM goes, so goes the country."

Here we are.

Esso  posted on  2021-12-11   19:28:47 ET  Reply   Untrace   Trace   Private Reply  


#6. To: Esso (#4)

The business of America is being fleeced by big business!

Dakmar  posted on  2021-12-11   19:36:27 ET  Reply   Untrace   Trace   Private Reply  


#10. To: Dakmar (#6)

The business of America is being fleeced by big business!

Toys R Us and Sears have both closed up shop.

Same with places like K-Mart. K-Mart closed up a lot of their stores. ;)

BTP Holdings  posted on  2021-12-11   19:45:40 ET  Reply   Untrace   Trace   Private Reply  


#15. To: BTP Holdings (#10) (Edited)

Toys R Us and Sears have both closed up shop.

Sears bought K-Mart like 10 years ago, then ran both businesses into the ground. I hate to admit it, but I buy a lot of shit from Amazon (most recently, drive belt and clutch cable for Toro lawnmower, because I don't want to fuck around at HomeDepot for an hour and get stuck with the wrong part), but I'm pretty sure that if I check the expiry date on milk/bread/peanut butter I am better off going to Meijer or Family Dollar (F/D always has the freshest milk because of adjacent huge Section 8 apartment complex) than Amazon could supply. I rarely shopped at K-Mart, but I used to buy cartons of cigarettes there. Never liked Sears either, there was a Montgomery Wards that had much better merchandise, but they are gone too.

All that is left in the local mall is kiosks selling gold teef, baby clothes, and sneakers.

Dakmar  posted on  2021-12-11   20:00:57 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 15.

#17. To: Dakmar, 4um (#15)

I think they're both 100% gonesville now. I had someone recommend dumping everything I had into KMT years ago. I never got around to it.

Esso  posted on  2021-12-11 20:11:54 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 15.

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