General Discussion

flamin lib

(14,559 posts)

27. No, he couldn't wait. It was a limit order set months in advance.

Wed Nov 11, 2020, 09:34 PM

Nov 2020

I do this myself. I set an expected price, put a sell order in and set the date the sale order ends. That date can be a day order or unlimited until cancel.

The only way he could wait would be to watch the stock hourly and place a sell order manually.

Nobody does that except day traders which can be found in the dictionary under "broke".

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I KNEW IT !!! I KNEW IT !! Pfizer CEO dumps stock after reveiling COVID results !! [View all] uponit7771 Nov 2020 OP

From the article JudyM Nov 2020 #1

Not a big deal. the news release was at 6:45am. Markets don't open until 9:30am Roland99 Nov 2020 #2

This is worse seeing the announcement was timed, no ... this is going to the FEC. This is bad uponit7771 Nov 2020 #4

But..but.. they said the stock dump was already scheduled & it was ... Budi Nov 2020 #3

Agreed Rebl2 Nov 2020 #5

RIGHT !! uponit7771 Nov 2020 #6

I own Pfizer. The stock price has not changed in the last year. It is currently up .02% flamin lib Nov 2020 #7

I looked at the ticker exboyfil Nov 2020 #12

+1 uponit7771 Nov 2020 #14

In the same time frame Proctor and Gamble went from$138 to $142. flamin lib Nov 2020 #24

36 - 42 a share is nearly 20% pop, 138 - 142 isn't, either way their was going to be a big pop uponit7771 Nov 2020 #31

It wasn't a set sale date. It's called a limit order. flamin lib Nov 2020 #33

The CEO controls the presser timing, there's no doubt some bullshit here. Even NPR admitted ... uponit7771 Nov 2020 #36

I give up. flamin lib Nov 2020 #37

Please, do. Your position is wrongly focused. The CEO controlled the timing of the presser not the.. uponit7771 Nov 2020 #38

Good question! BlueLucy Nov 2020 #8

And they wonder why people are so suspicious 🙄 Budi Nov 2020 #9

RIGHT !! uponit7771 Nov 2020 #15

See #24. nt flamin lib Nov 2020 #25

I'm just glad he didn't announce that a day or two before election. Hoyt Nov 2020 #10

They oversold the information too it looks like, 90% effective at what? It was done in a press uponit7771 Nov 2020 #16

This is not as nefarious as some think. Many people who buy... brush Nov 2020 #11

But did that sell order influence when the announcement was made? exboyfil Nov 2020 #13

The automatic sell order was set in August, a couple of months ago. brush Nov 2020 #17

But he could have waited two more days exboyfil Nov 2020 #20

What are you complaining about? He waited until after the election. brush Nov 2020 #22

No, he couldn't wait. It was a limit order set months in advance. flamin lib Nov 2020 #27

You don't allow or call major announcements out RIGHT BEFORE your set sell date though. I don't uponit7771 Nov 2020 #28

See reply #33. flamin lib Nov 2020 #34

The CEO controls the announcement timing, this announcement COULD have been done AFTER the set uponit7771 Nov 2020 #35

It could've been release ALSO after the set sell date, with or without an election the variant is uponit7771 Nov 2020 #21

I'm not seeing it. The news came out AFTER THE ELECTION. brush Nov 2020 #23

election isn't relevant timing on announcement is, the CEO controlled the timing on announcement uponit7771 Nov 2020 #29

It's extremely relevant if you wanted Biden to win. brush Nov 2020 #30

For a Biden win correct, for the purpose of this OP the timing related to the election wasn't uponit7771 Nov 2020 #32

That's the million dollar question that lends this move suspicion. Budi Nov 2020 #18

No, that's twice as bad because there was a set sell date with the timing of the announcement uponit7771 Nov 2020 #19

F*cking crooks ecstatic Nov 2020 #26

YOU KNEW IT!!! flamin lib Nov 2020 #39