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Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. #7743582 02/12/20 01:39 AM
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Tin Head Offline OP
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popcorn

Quote
Jeff Bezos is one of the world's richest people. So, it's perhaps no surprise that headlines pop up when he sells billions worth of Amazon stock. But the reason behind the sale might prove most important to Bezos -- and to those who do business with him.
https://www.inc.com/don-reisinger/j...es-what-he-might-be-doing-with-cash.html

Last edited by Tin Head; 02/12/20 01:40 AM.

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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7743587 02/12/20 01:43 AM
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Probably all of that “Amazon will ship from another Home Depot or Lowe’s” you claimed was happening in the Home Depot thread.


Originally Posted by bill oxner
I just turned it on . I was looking bird dogs in the butt this morning.


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7743625 02/12/20 02:36 AM
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Hes putting it all into Pot Stocks... cool2


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: NORML as can be] #7743725 02/12/20 09:57 AM
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Hes gonna buy Tesla

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Duck_Hunter] #7743781 02/12/20 12:48 PM
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Originally Posted by Duck_Hunter
Probably all of that “Amazon will ship from another Home Depot or Lowe’s” you claimed was happening in the Home Depot thread.

Who said that roflmao

Think I need to sell my whopping 10 shares. confused2

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7743985 02/12/20 04:41 PM
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Getting cash together to pay off X, I think he owes her 16B

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7744017 02/12/20 05:21 PM
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The four-day selloff equates to about 3% of his total Amazon

So he kept 97% of his money in Amazon stock. Does not sound to me like
he is worried about anything.


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7744064 02/12/20 06:23 PM
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Maybe he’ll take it to Vegas and put all on Biden to win. confused2


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: INRUT] #7744066 02/12/20 06:26 PM
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Originally Posted by INRUT
Getting cash together to pay off X, I think he owes her 16B

Startup founders and spouses always transfer stock to settle. It would be foolish to sell first as that would create a taxable event. Founders are in at a zero basis so you get taxed on the entire gain. She got 25 percent of his founders stock, approximately 19.7 million shares. That's worth around $43 Billion based on today's price.

He's smart to sell some now and would be smarter to sell more than the 3 percent that he's sold so far this year since taxes are relatively cheap at current rates and very likely to go up in the future. He's paper rich but only draws $81K a year salary. In ten years he's only sold 18 million shares and post divorce he has over 50 million shares left worth over $100 Billion. He has to sell stock to pay for his private space race and he's doing his best to give away most of his money in his lifetime.

Don't get me wrong, Amazon has won the data war. They built the data and commerce platform so they aren't going anywhere but one of the most valuable lessons I've learned in my life from a mentor, a F500 founder, is it's not money until you sell. At his age he should start to sell much more and enjoy life.

Depending on how the virus goes in China and how Super Tuesday goes, expect to see more insider selling...

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7744177 02/12/20 08:09 PM
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I do 85% of my shopping on Amazon. Ive even gotten to where I buy my non-perishable foods on there. ITs just too easy with next day or two day free shipping. The only thing I buy at the grocery store is perishables. I don't think there is any way Amazon is in trouble, I only see it taking over more and more in the future.


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7744208 02/12/20 08:51 PM
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He sold the shares to keep the peons guessing as to why he sold them.


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: dogcatcher] #7744223 02/12/20 09:15 PM
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Originally Posted by dogcatcher
He sold the shares to keep the peons guessing as to why he sold them.

confused2 Yep.


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7744319 02/12/20 11:08 PM
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Maybe he’s the one that planted the Coronavirus. confused2


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: pdr55] #7744320 02/12/20 11:09 PM
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Originally Posted by pdr55
Maybe he’s the one that planted the Coronavirus. confused2



legitimate nuts

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: pdr55] #7744325 02/12/20 11:14 PM
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Originally Posted by pdr55
Maybe he’s the one that planted the Coronavirus. confused2

Well remember when you open that package and pop the bubble wrap that they use to protect what you ordered " That air comes from China" flame

Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Tin Head] #7799729 04/08/20 03:47 PM
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sold right before the virus hit , nice....

Originally Posted by Tin Head
Originally Posted by reeltexan

That seems strange to me.

even stranger is why bezos would pledge 10 BILLION to climate change, with a B, when amazon will literally ship thousands of small priced items.I mean you can order a 4 dollar item and have it ship next day. https://www.npr.org/2020/02/17/8067...ht-climate-change-planets-biggest-threat

Is amazon a essential store? The items never stopped being shipped. Imagen how hard that hurts local bussiness. Its a win win, WIN, for amazon.

LOOKS LIKE INSIDER TRADING TO ME
Quote
Jeff Bezos has sold nearly $4.1 billion worth of Amazon shares in the past 11 days

https://www.cnbc.com/2020/02/11/jef...worth-of-amazon-shares-in-past-week.html

The government alowed amazon to stay open when workers in 10 warehouse world wide tested positive for covid 19. (possibly sending out the virus)
https://www.msn.com/en-us/finance/c...ross-10-warehouses-worldwide/ar-BB11GBjf


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: INRUT] #7800092 04/08/20 08:05 PM
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Originally Posted by INRUT
Getting cash together to pay off X, I think he owes her 16B

this^^^^


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Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: Nathan at Fork] #7800095 04/08/20 08:07 PM
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Originally Posted by Nathan at Fork
I do 85% of my shopping on Amazon. Ive even gotten to where I buy my non-perishable foods on there. ITs just too easy with next day or two day free shipping. The only thing I buy at the grocery store is perishables. I don't think there is any way Amazon is in trouble, I only see it taking over more and more in the future.

Yep, but Alibaba last I heard has bigger share than even Amazon.


Freedom is a fragile thing ...Those who have known freedom, and then lost it, have never known it again.
-- Ronald Reagan


Re: Jeff Bezos Has Sold $4.1 Billion in Amazon Shares Since January. [Re: glens] #7800433 04/09/20 01:03 AM
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Originally Posted by glens
Originally Posted by pdr55
Maybe he’s the one that planted the Coronavirus. confused2

Well remember when you open that package and pop the bubble wrap that they use to protect what you ordered " That air comes from China" flame

I would be immune, the grandkids and I have popped millions of those bubbles. clap


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