[Mere_Man]

Amazon CEO Jeff Bezos sold over $4 billion worth of the company’s stock shares over the past week or so, but no one knows why.

https://www.digitaltrends.com/news/bezos-sells-4-billion-in-amazon-stock-and-no-one-knows-why/

 

[FalconsBravesHawks]

corona virus

 

[ajole]

Seriously, are people that dumb?

Once the price drops more due to FUD, just as it starts to climb again after the Kung Flu scare ends, he'll buy it all back, and use the margin to buy something nice.

Like an island in Fiji, or maybe the entire Yucatan peninsula.

 

[Chuckleberry]

`

Maybe for $4 billion dollars?

.

 

[InOmaha]

He's going through a really expensive divorce. Maybe he needs some walking around town money since they'll both need multiple multi-million dollar mansions, cars, boats, planes, politicians, etc. It's hard to loose half your mansions.

 

[charliemeyer007]

He is going to buy all of Goonsberg bought supporters. Bezos 2020 and beyond.

 

[AZ_HighCountry]

Or, maybe he's going to buy the Presidency?

DNC whores seem to be bending the rules to accommodate Bloomberg so why not? Bezos is a Democrat.

Money talks. And Bezos has a lot of it.

 

[jchavasu]

https://www.digitaltrends.com/news/bezos-sells-4-billion-in-amazon-stock-and-no-one-knows-why/

I don't know. The quote from Bezos in the article seems like a pretty logical reason. “My business model right now … for Blue Origin is I sell about $1 billion of Amazon stock a year and I use it to invest in Blue Origin,” Bezos told CNBC back in 2017. “It’s a long road to get there and I’m happy to invest in it.”

 

[labellavita]

His ex-wife recently sold almost $400m. Something they know? Just need more stuff?

 

[InOmaha]

He also bought a $165 million dollar mansion.

https://www.usatoday.com/story/money/2020/02/12/jeff-bezos-buys-warner-estate-165-million-david-geffen/4741869002/

He was running low on them since he only had 2 in Beverly Hills. I'd take the 420,000 acre ranch in Texas.

https://www.cheatsheet.com/money-career/check-jeff-bezos-monstrous-mansions-properties.html/

 

[neiowa]

Running out of suckers willing to throw good money after bad on a nonproductive, never will make a profit, activity? Perhaps Bozo is getting into the tulip biz.

 

[SoJ_51]

...Like an island in Fiji, or maybe the entire Yucatan peninsula.

..Or CIANN.. :taped: Then he'll have 'print' / online, And broadcast as his own personal NWO-cartel propaganda-rag / 'twin-blade light saber' (..and I bet the CIA'll even 'gift wrap it' for him..

..Ugh, all he's missing now is a 'mini-me'...

.02
jd

 

[Colty045]

He owns around 59 million shares (before the sale)of the stock it was almost 79 million before his divorce. He sold off only like 2 million shares. Most likely to diversify his investments or to have cash on hand for his other companies.

 

[Mule Skinner]

He owns around 59 million shares (before the sale)of the stock it was almost 79 million before his divorce. He sold off only like 2 million shares. Most likely to diversify his investments or to have cash on hand for his other companies.

I don't know his price point, but today it's over 2,000.
So if he got that price for 2 million,
it's 4-thousand-million. Ha~!
( 2 x 10**3 x 2 x 10**6) = 4x10**9 = 4 billion
.
.
.
where ** indicates exponentiation

 

[SamSnead]

I wonder if this had something to do with the fact that he just donated 10billion to fight global warming?

 

[Jack Swilling]

Inside selling
Especially this type
Could be a no-brainer short signal
I am considering some puts

 

[BeerMaster10000]

He lost alot of money in his divorce. Could be he needs some capital.

 

[Jennifers]

The guy owns what....4 billion shares of stock? What he sold was like cleaning out the piggy bank for spare change.

 

[bonegunner]

He may expect supply chain disruptions caused by covid19 to cause problems for the company.

I heard a guy on Fox Business say the disruptions would show up in company's earnings that depend on Chinese goods around early summer

AMZN closed at $1975.83 today.

Will it be lower in 4 months??

 

[country_boy]

He may expect supply chain disruptions caused by covid19 to cause problems for the company.

I heard a guy on Fox Business say the disruptions would show up in company's earnings that depend on Chinese goods around early summer

AMZN closed at $1975.83 today.

Will it be lower in 4 months??

Amazon may take a minor hit ( though food delivery could spike with the virus.), but companies depending on assembly or Chinese parts sourcing are at far greater risk.

I’ve already had to shutdown 2 projects because of supply chain issues. We are fairly dependent on Cisco and a few other companies for repair, having a limited supply of spare parts.