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Started By
Message
Weeks before terror attack MGM CEO James Murren sold 294,150 shares of MGM stock
Posted on 10/5/17 at 11:33 am
Posted on 10/5/17 at 11:33 am
"MGM Resorts International (NYSE:MGM) CEO James Murren sold 294,150 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of $34.08, for a total transaction of $10,024,632.00. Following the transaction, the chief executive officer now directly owns 71,442 shares in the company, valued at $2,434,743.36. The transaction was disclosed in a document filed with the Securities & Exchange Commission."
LINK
LINK
This post was edited on 10/5/17 at 12:48 pm
13
Posted on 10/5/17 at 11:35 am to Volkosoby
Shut the hell up
Posted on 10/5/17 at 11:35 am to Volkosoby
quote:
Breaking: Weeks before terror attack MGM CEO James Murren sold 294,150 shares of MGM stock by Volkosoby
Posted on 10/5/17 at 11:39 am to Volkosoby
But was it bump stock?
Posted on 10/5/17 at 11:42 am to FearlessFreep
Well played Freep
Posted on 10/5/17 at 11:43 am to Volkosoby
Executives sell off stock all the time
Maybe he was buying a new house in Aspen and needed the cash
Maybe he was buying a new house in Aspen and needed the cash
This post was edited on 10/5/17 at 11:44 am
Posted on 10/5/17 at 11:43 am to Volkosoby
quote:
Weeks before terror attack MGM CEO James Murren sold 294,150 shares of MGM stock
wow, i've never heard of a company executive selling shares of company stock before. you think he was in on it ?
Posted on 10/5/17 at 11:44 am to Volkosoby
My God. It's at 31.06 right now. You think this guy had 50 people killed so he could make a million dollars? Mass murder and insider trading for 1 million dollar profits (assuming stock price doesn't go up...it did today).
Guy is worth tens of millions, but will risk it all for one more?
Some of you are just awful.
Guy is worth tens of millions, but will risk it all for one more?
Some of you are just awful.
Posted on 10/5/17 at 11:45 am to Volkosoby
Subtle but.....
Posted on 10/5/17 at 11:46 am to Volkosoby
quote:
Breaking: Weeks before terror attack MGM CEO James Murren sold 294,150 shares of MGM stock
if anyone seriously ran this headline in order to raise eyebrows, they should be taken outside and shot.
Posted on 10/5/17 at 11:47 am to Volkosoby
Yeah, so?
Posted on 10/5/17 at 11:48 am to BBONDS25
quote:
My God. It's at 31.06 right now. You think this guy had 50 people killed so he could make a million dollars?
This board never disappoints.
Posted on 10/5/17 at 12:01 pm to 632627
quote:Given my ignorance on these matters, now I'm more curious in general how CEOs handle their own stocks in their company, as opposed to a more independent investor.
if anyone seriously ran this headline in order to raise eyebrows, they should be taken outside and shot.
The link states that a number of analysts had downgraded their ratings of the stock. So while an independent investor would naturally be more inclined to sell, but do CEO's typically approach it from that standpoint?
And isn't there a risk that with the downgraded ratings, the CEO selling 80% of his stock would only solidify concerns, and then negatively impact his remaining stock? Seems like an interesting dynamic.
This post was edited on 10/5/17 at 12:02 pm
Posted on 10/5/17 at 12:06 pm to Cosmo
No doubt...but rarely do they sell 80% of their stock at one filling...3 weeks before a terror attack on one of his properties...
Posted on 10/5/17 at 12:08 pm to Volkosoby
quote:If it was 6 weeks before the terror attack, would it still be breaking news?
3 weeks before a terror attack on one of his properties
Posted on 10/5/17 at 12:10 pm to Volkosoby
And Fred Flintstone went to a meeting with Mister Slate. Barney Rubble is a Russian spy. Wilma Flintstone had Pebbles to be a Kremlin operative.
This post was edited on 10/5/17 at 12:12 pm
Posted on 10/5/17 at 12:11 pm to BBONDS25
quote:
You think this guy had 50 people killed so he could make a million dollars?
Posted on 10/5/17 at 12:12 pm to Volkosoby
how the frick are you not banned yet
this shite is getting absurd.
this shite is getting absurd.
Posted on 10/5/17 at 12:13 pm to Volkosoby
quote:
Breaking: Weeks before terror attack MGM CEO James Murren sold 294,150 shares of MGM stock
I think you should log off and power down you computer once in a while.
Posted on 10/5/17 at 12:13 pm to Yak
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