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Apple Executive dumps stock

Posted: Sat Nov 03, 2007 8:52 pm
by 4x=0
Here is an article about an Apple senior VP exercising his options and then selling all his shares.

http://www.forbes.com/feeds/ap/2007/10/ ... 85394.html

So I used an interesting link I know about on finance.yahoo.com that shows you the SEC-required insider transactions for publicly traded firms. And sho' nuff, he made over 100 million.

http://finance.yahoo.com/q/it?s=AAPL


Posted: Sat Nov 03, 2007 8:56 pm
by TheRumpledOne
Turning about $17 million into over $129 million in a day is a very smart move!!

That guy is set for life.

I'd buy an island and wouldn't do a dang thing for a long time.

Posted: Sat Nov 03, 2007 9:32 pm
by 4x=0
I was trying to relate the news article, corroborated with the yahoo data corroborated with the charts. I never mentioned the chart, but there is a gap and consolidation. I suppose the executive believes he has the best price he will get for a while.

Posted: Sat Nov 03, 2007 10:21 pm
by TheRumpledOne
There's over ONE HUNDRED MILLION ON THE TABLE... wouldn't you GRAB IT??

How much more would one want?

Wonder what his Sch 1040 is going to look like!!

Posted: Sun Nov 04, 2007 12:12 am
by 4x=0
Maybe he's just an idiot and nobody told him to wait till after christmas, lol

no offense to that individual!

Posted: Sun Nov 04, 2007 2:28 am
by Ken_S
"I'd buy an island and wouldn't do a dang thing for a long time."

Yeah Right....you'd go crazy not posting on Kreslik.com......

Posted: Sun Nov 04, 2007 4:13 am
by TheRumpledOne
"Yeah Right....you'd go crazy not posting on Kreslik.com...... "

You wanna bet $100 million??!?!??!?

Posted: Sun Nov 04, 2007 10:06 am
by 4x=0
http://www.mindfully.org/Reform/2005/Bu ... 5apr05.htm


"While you're considering the purchase of your own private island with the great wealth you've accumulated, most of the rest of the world languishes in poverty. As if you can live isolated from the rest of the world, these the islands are purchased with the money you've hoarded at the expense of 99% of the planet. It's no mystery that you didn't get this rich by being nice. But is your biggest challenge making sure you get listed on Forbes magazine list of the world's wealthiest people?
Oh, all your friends think you're really swell. The mayor loves you. You're on the board of any number of charitable organizations. But you're not really a member of planet Earth. And if you go outside of your circle of influence, you're a nobody. In fact, you're at a level significantly lower than the lowest because your wealth has come to you by siphoning it off of everyone else. While you're making millions each year, a significant number of people are lucky to be earning $1 per day.
These people who did the work for you are not limited to those in your own community who live at or below the poverty level, but also to those who have no face, no voice and no possible method of dealing with you deceit and trickery. Through the policies of the many free trade agreements, you've prospered at the expense of subsistence farmers in India and the Indigenous Peoples in the highlands of Oaxaca. How do you think your Wal-Mart stock made you so much money? The examples are all in front of your face but you are in complete denial.
Many like you get their money through inheritance, but few of them have anything close to a conscience and are off living on the coast of France, while at the same time owning a house in Berkeley, another in Tahoe and a condo in Florida, each valued well over US$1 million. They are such wonderful people and give lots to charities. But they've forgotten that no matter where they live, they're still on planet Earth and subject to all the same environmental elements that the lowest paid individual is subject to.
One great element to point out here is that the climate is warming and the sea level along with it. In other words, their island is going to do a disappearing act. They don't worry about their children's inheritance because they are wealthy already. The incredibly selfish thing about this is that their children very well may not be able to have their own children because of the pollution created by the corporation by which they got wealthy. But that's the nature of wealth, those who have it are blinded from the truth in an effort to avoid thinking the reality of how they are making all that money.
While you're tallying up the costs of island life, you should consider security. In the U.S., Cadillacs are being armor-plated in droves. At an auto show in Los Angeles, David Ransom, Cadillac manager of professional vehicles said, "If you are going to go global you need to address armoring." (source: AP article 8jan02) Of course on a tiny island one doesn't need a car. But having a spare one on the mainland is a good idea. You'll need secure storage for that car don't forget, as well as a way to get to it ? a boat ? that has some heavy armor as well.
The way the U.S. is producing depleted uranium (DU), it'll be no time at all before DU shells, which are used to penetrate tank armor in Iraq, are on the open market. As far as we know, they are most likely there already. The list of security and protection required by the mega-wealthy has no end ? no end whatsoever. Perhaps all you need is a vacation at a 5-billion-star hotel. Go ahead, you deserve it, right?
Whatever your answer might be, the bottom line is that it's going to be quite lonely on your island. And remember, there'll be no oil left. Even if you can grow your own crops, the lack of oil nixes your desalinization plant too, old boy. Find a solution for that and there'll be an infinite number of subsequent problems that will come at you so fast that your head will spin.
Eventually you might even come to the difficult conclusion that your own corporate mentality has been the root cause of your problems in the first place. You just can't deal with reality so you continually created your own. Oh well. . . "

Posted: Sun Nov 04, 2007 12:05 pm
by scalperT
"You wanna bet 100 million" -----LOL

Posted: Sun Nov 04, 2007 4:00 pm
by TheRumpledOne
4x=0:

Do you realized what most people do when they acquire wealth?

Do you understand why there are gated communities?

Most wealthy people acquired lots of land and then fence it off to KEEP OTHER PEOPLE OUT. It's that simple.

Most people are NOT civilized. Look at what happens when there is a natural disaster or the electricity is out... looting, rape, vandalism, ... total mayhem. Happens in the USA and the rest of the world. People are animals. The veil of civilization is very thin and fragile. Most people only follow the law out of fear not out of respect.

The fact is you and I are still slaves because we do NOT get to keep all the money that we make. Government, through the threat of violence, confiscation and incarceration, takes part of what we make.

History has shown the true nature of mankind. If you don't learn from the mistakse of the past, then you are doomed to repeat them.

Everyone is selfish and that's just the way it is. Man is a simple creature... moving towards pleasure and away from pain. Every action is selfish in nature, even when you are doing good for someone else. You feel the pleasure of helping others. I suggest you study the work of Robert Ringer.

From outer space, all of planet earth is a jungle and the law of the jungle applies - eat or be eaten. It's a dog eat dog, eat cat too world.