Skip to content
Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(CNN)   In what is surely a coincidence, Moderna CFO and CMO sold off $30 million worth of Moderna stocks shortly after prices spiked after announcing encouraging results in their Covid-19 vaccine   (edition.cnn.com) divider line
    More: Unlikely, Stock, Stock market, Moderna's chief financial officer, Moderna's stock price, Vaccination, fortuitous timing of the transactions, next day, 10b5-1 trading plans  
•       •       •

648 clicks; posted to Business » on 23 May 2020 at 1:50 AM (7 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



53 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | » | Newest | Show all

 
2020-05-22 8:15:15 PM  
This must mean something huge is about to drop. I'm thinking my 401(k).
 
2020-05-22 8:21:37 PM  

Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).


Ought to be the CEO, at the end of a rope
 
2020-05-22 8:24:38 PM  
Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.
 
2020-05-22 8:24:50 PM  
That's not suspect at all
 
2020-05-22 8:50:05 PM  
Pump and dump.
 
2020-05-22 9:00:04 PM  

fusillade762: Pump and dump.


THIS!
 
2020-05-22 9:00:42 PM  

fusillade762: Pump and dump.


i.imgflip.comView Full Size
 
2020-05-22 11:11:46 PM  
I'm not sure this is even a crime anymore.
 
2020-05-23 2:10:53 AM  

PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.


I've been reading a lot of Michael Lewis's books, and I can't say you're wrong.
 
2020-05-23 2:12:44 AM  

PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.


The other option is an unregulated black market of gambling on company value. At least if you have a 401K, you won't be totally hosed with divsersification as if you were a risky single market investor. The FCC will try and maybe help your situation indirectly as a poor. They will obviously help you if you are a "job creator ".
 
2020-05-23 2:13:13 AM  

AppleOptionEsc: PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.

The other option is an unregulated black market of gambling on company value. At least if you have a 401K, you won't be totally hosed with divsersification as if you were a risky single market investor. The FCC will try and maybe help your situation indirectly as a poor. They will obviously help you if you are a "job creator ".


FCC? Okay, too much to drink. FTC.
 
2020-05-23 2:25:30 AM  
The spike and subsequent drop-off should be pretty obvious to anyone who realizes that promising results don't immediately lead to a vaccine. Even if this research does lead to a functional vaccine it won't be for months yet and stock prices are sure to fall in that time so if I owned any stocks in the company I would have sold them as well and rebuy once the price goes down again.
 
2020-05-23 2:27:38 AM  

vudukungfu: Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).

Ought to be the CEO, at the end of a rope


A quick death does not induce enough fear in these types of "people".  They are psychopaths.  They don't fear death.  The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.

In the future, when mind uploading is possible, just before death, the consciousness of the psychopath should be uploaded into a virtual prison environment where they are in solitary confinement and tortured for as long as there is an energy gradient in the universe.  Trillions of years.  No suicide possible and no zoning out.  And have their experience time be sped up so they experience quadrillions of years of solitary torture.

Death is easy, everybody gets it.  We need to take away the chance of normal death and normal life from these "people".  They need to know that if they commit crimes like this that they leave behind anything resembling their old life.  They become auto cannibals.  Possibly for quadrillions of years.

It won't stop them all, but fear of having to eat your own self to death might get about half of these types of " people" to fly right.
 
2020-05-23 3:30:20 AM  
The other day he said he would divest himself and he did. Just like he said he would.

He also said he would take the profits and donate them to charity.
 
2020-05-23 4:37:45 AM  

paulleah: The other day he said he would divest himself and he did. Just like he said he would.

He also said he would take the profits and donate them to charity.


Gosh.

I want him to roll them into more researchers, not into his tax write-offs.
 
2020-05-23 4:51:09 AM  
This is pretty much how it is supposed to work. You don't keep your invested money in the company you work for. You sell it and buy other investments. Otherwise if the company goes under you lose both your income and your retirement. This is "explained to me at age 19" level stuff here. And it is still true today.

If these were automated trades triggered by price increases, then of course they made a chunk of change, that's the point if a sell order, and the only suspicious thing is the execution of the options. But I don't know if exercising options is limited like other purchases and sells are for executives.
 
2020-05-23 6:02:58 AM  
America really is a great country, for a very select few.  Moderna, a 10 year old drug company that has never put a product on the market and is currently being propped up by federal dollars, has executives issuing promising news on a pandemic vaccine shortly before planned share sell offs, yet there are still farkers going to bat for them talking about retirement accounts and how this is how the system is supposed to work.  Farking capitalism and stupidity, match made in heaven.
 
2020-05-23 6:05:14 AM  

AmbassadorBooze: vudukungfu: Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).

Ought to be the CEO, at the end of a rope

A quick death does not induce enough fear in these types of "people".  They are psychopaths.  They don't fear death.  The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.

In the future, when mind uploading is possible, just before death, the consciousness of the psychopath should be uploaded into a virtual prison environment where they are in solitary confinement and tortured for as long as there is an energy gradient in the universe.  Trillions of years.  No suicide possible and no zoning out.  And have their experience time be sped up so they experience quadrillions of years of solitary torture.

Death is easy, everybody gets it.  We need to take away the chance of normal death and normal life from these "people".  They need to know that if they commit crimes like this that they leave behind anything resembling their old life.  They become auto cannibals.  Possibly for quadrillions of years.

It won't stop them all, but fear of having to eat your own self to death might get about half of these types of " people" to fly right.


"These plans regulate when and how many shares company insiders, including directors and executives, are allowed to sell. The transactions are typically executed automatically, without the insiders taking any action. "

It was a legal automatic transaction under their plan (10b5-1).  It's literally how they are structured.  You people are acting like they barbecued live kittens in front of school children.

Calm down.  And fark CNN's clickbait headline.
 
2020-05-23 7:03:02 AM  

fusillade762: Pump and dump.


It kind of looks like it.

I'm too lazy to see if the company's 10K is out there to look at (it would give the details of the option arrangement). It may be a combination of timing and a too optimistic forecast.

Anyway, I wouldn't touch the stock with the Orange Dick.
 
2020-05-23 7:18:08 AM  
So, now that I'm privy to inside information at my company, I can see that there is probably insider trading happening.  When I read that we got a big contract, before the news is public, the price jumps.  Vice versa for losing a contract.  The SEC doesn't do anything unless it's forced to.
 
2020-05-23 7:20:49 AM  

AngryDragon: AmbassadorBooze: vudukungfu: Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).

Ought to be the CEO, at the end of a rope

A quick death does not induce enough fear in these types of "people".  They are psychopaths.  They don't fear death.  The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.

In the future, when mind uploading is possible, just before death, the consciousness of the psychopath should be uploaded into a virtual prison environment where they are in solitary confinement and tortured for as long as there is an energy gradient in the universe.  Trillions of years.  No suicide possible and no zoning out.  And have their experience time be sped up so they experience quadrillions of years of solitary torture.

Death is easy, everybody gets it.  We need to take away the chance of normal death and normal life from these "people".  They need to know that if they commit crimes like this that they leave behind anything resembling their old life.  They become auto cannibals.  Possibly for quadrillions of years.

It won't stop them all, but fear of having to eat your own self to death might get about half of these types of " people" to fly right.

"These plans regulate when and how many shares company insiders, including directors and executives, are allowed to sell. The transactions are typically executed automatically, without the insiders taking any action. "

It was a legal automatic transaction under their plan (10b5-1).  It's literally how they are structured.  You people are acting like they barbecued live kittens in front of school children.

Calm down.  And fark CNN's clickbait headline.


My problem was that everyone is asking why they released rosy news at such an early point in the process.  Considering that executives knew the dates of their transactions, it looks to me like they did it to maximize share price on their sale date.  It's not illegal. It's just unethical.
 
2020-05-23 7:27:57 AM  
I'm as hopeful as anyone for a vaccine, but the market's out of its mind right now. Utterly detached from reality. This ~4,000pt recovery in the DJIA from the initial drop makes no damned sense to me given nobody knows what this economy actually looks like right now. And the idea all will be well a year from now is just goofy.

Then you've got people rushing into stocks like Moderna at even the hint of good news no matter how BS it turns out to be. Nobody's paying attention to actual value.
 
2020-05-23 7:49:44 AM  

PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.


The stock market as it was intended to be is a good thing it brings in outside money to help grow a business and ideally both sides can benefit. The stock market as it is now seems to mostly be people making a living off the side bets which is how we get into situations like what happened in 2008.
 
2020-05-23 8:07:51 AM  

GregInIndy: I'm as hopeful as anyone for a vaccine, but the market's out of its mind right now. Utterly detached from reality. This ~4,000pt recovery in the DJIA from the initial drop makes no damned sense to me given nobody knows what this economy actually looks like right now. And the idea all will be well a year from now is just goofy.

Then you've got people rushing into stocks like Moderna at even the hint of good news no matter how BS it turns out to be. Nobody's paying attention to actual value.


Think the tail end of a Manic patient on a six day coke/meth binge. You know what's coming. You know you can't do a damn thing about it. And you hope you aren't around when it completely blows up.
 
2020-05-23 8:14:25 AM  
We are living in a material world...
 
2020-05-23 8:24:46 AM  

Rapmaster2000: AngryDragon: AmbassadorBooze: vudukungfu: Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).

Ought to be the CEO, at the end of a rope

A quick death does not induce enough fear in these types of "people".  They are psychopaths.  They don't fear death.  The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.

In the future, when mind uploading is possible, just before death, the consciousness of the psychopath should be uploaded into a virtual prison environment where they are in solitary confinement and tortured for as long as there is an energy gradient in the universe.  Trillions of years.  No suicide possible and no zoning out.  And have their experience time be sped up so they experience quadrillions of years of solitary torture.

Death is easy, everybody gets it.  We need to take away the chance of normal death and normal life from these "people".  They need to know that if they commit crimes like this that they leave behind anything resembling their old life.  They become auto cannibals.  Possibly for quadrillions of years.

It won't stop them all, but fear of having to eat your own self to death might get about half of these types of " people" to fly right.

"These plans regulate when and how many shares company insiders, including directors and executives, are allowed to sell. The transactions are typically executed automatically, without the insiders taking any action. "

It was a legal automatic transaction under their plan (10b5-1).  It's literally how they are structured.  You people are acting like they barbecued live kittens in front of school children.

Calm down.  And fark CNN's clickbait headline.

My problem was that everyone is asking why they released rosy news at such an early point in the process.  Considering that executives knew the dates of their transactions, it looks to me like they did it to maximize share price on their sale date.  It's not illegal. It's just unethical.


It doesn't show much confidence on their part in delivering a real vaccine.
 
2020-05-23 8:48:49 AM  
at least they gave a little something to back it up, the guy from Sorrento with his 100% cure on the other hand...
 
2020-05-23 10:17:28 AM  
If he waited until the information was publicly available, and did not act on  knowledge that was not publicly available (say being aware that the announcement was false or misleading) what did he do wrong?

Isn't that the way it is supposed to work? You take part of your compensation in stock, hoping that the stock will take off some day. Most plans require you to hold the stock for a certain length of time  it after that you are free to choose when to act.  If I have stock in a Pet Rock company and an appearance of the product on a TV show makes them become popular for a day, causing the stock to surge, you bet your ass, I am going to sell on the surge.

Of course, if there is no basis for the claim made and it is misleading in a deliberate attempt to manipulate the stock price (looking at you Elon), then it's illegal.
 
2020-05-23 10:33:25 AM  

Hachitori: If he waited until the information was publicly available, and did not act on  knowledge that was not publicly available (say being aware that the announcement was false or misleading) what did he do wrong?

Isn't that the way it is supposed to work? You take part of your compensation in stock, hoping that the stock will take off some day. Most plans require you to hold the stock for a certain length of time  it after that you are free to choose when to act.  If I have stock in a Pet Rock company and an appearance of the product on a TV show makes them become popular for a day, causing the stock to surge, you bet your ass, I am going to sell on the surge.

Of course, if there is no basis for the claim made and it is misleading in a deliberate attempt to manipulate the stock price (looking at you Elon), then it's illegal.


The key is not acting on private knowledge. If he sold because he knows there's a good chance any vaccine will fail, he's good. If he fails because he knows that vaccine, in particular, will fail, he should have to say good bye to sunlight.
 
2020-05-23 10:39:19 AM  

AmbassadorBooze: The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.



Tough love.
 
2020-05-23 11:43:13 AM  

BolloxReader: This is pretty much how it is supposed to work. You don't keep your invested money in the company you work for. You sell it and buy other investments. Otherwise if the company goes under you lose both your income and your retirement. This is "explained to me at age 19" level stuff here. And it is still true today.

If these were automated trades triggered by price increases, then of course they made a chunk of change, that's the point if a sell order, and the only suspicious thing is the execution of the options. But I don't know if exercising options is limited like other purchases and sells are for executives.


Yeah, these were automatic sales. Though the press release is what caused the share price to hit the trigger, and I'm sure the CEO knew that would happen.

I'm going to go out on a limb and say all will be forgiven if the vaccine winds up working.
 
2020-05-23 12:06:49 PM  

Anenu: The spike and subsequent drop-off should be pretty obvious to anyone who realizes that promising results don't immediately lead to a vaccine. Even if this research does lead to a functional vaccine it won't be for months yet and stock prices are sure to fall in that time so if I owned any stocks in the company I would have sold them as well and rebuy once the price goes down again.


This.

There is plenty to be outraged about but this is far from insider trading.

This is recognizing a basic pattern and locking in gains off of short sighted investors too eager to jump on the next band wagon.
 
2020-05-23 12:07:13 PM  

Bowen: BolloxReader: This is pretty much how it is supposed to work. You don't keep your invested money in the company you work for. You sell it and buy other investments. Otherwise if the company goes under you lose both your income and your retirement. This is "explained to me at age 19" level stuff here. And it is still true today.

If these were automated trades triggered by price increases, then of course they made a chunk of change, that's the point if a sell order, and the only suspicious thing is the execution of the options. But I don't know if exercising options is limited like other purchases and sells are for executives.

Yeah, these were automatic sales. Though the press release is what caused the share price to hit the trigger, and I'm sure the CEO knew that would happen.

I'm going to go out on a limb and say all will be forgiven if the vaccine winds up working.


These sales are either triggered by a date or share price.  In this case probably when his options became available from the company.
 
2020-05-23 12:09:36 PM  

AppleOptionEsc: AppleOptionEsc: PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.

The other option is an unregulated black market of gambling on company value. At least if you have a 401K, you won't be totally hosed with divsersification as if you were a risky single market investor. The FCC will try and maybe help your situation indirectly as a poor. They will obviously help you if you are a "job creator ".

FCC? Okay, too much to drink. FTC.


Probably SEC?
 
2020-05-23 12:13:41 PM  
They were trading on public information. Is it a crime to act on the obvious overreaction of frenzied investors?
 
2020-05-23 12:14:11 PM  

Anenu: The spike and subsequent drop-off should be pretty obvious to anyone who realizes that promising results don't immediately lead to a vaccine. Even if this research does lead to a functional vaccine it won't be for months yet and stock prices are sure to fall in that time so if I owned any stocks in the company I would have sold them as well and rebuy once the price goes down again.


The real question is why is a pharma research company even listed as a publicly traded company? This research is better done at a national lab. If you want to give the researchers some incentive, then have them share in the increase in the GDP due to having more people alive and working and boosting the economy. That is, researchers get a base salary and an incentive boost based on the growth of the GDP (or the government's tax collection). And that boost is retained even after the person retires from active work (or moves to a different career).
 
2020-05-23 12:24:40 PM  

Dear Jerk: They were trading on public information. Is it a crime to act on the obvious overreaction of frenzied investors?


When you caused the frenzy? Maybe.
 
7 days ago  

Dear Jerk: They were trading on public information. Is it a crime to act on the obvious overreaction of frenzied investors?


Thays my thougjt as well.

They released trial info and then sold from my understanding. If the trial info was incorrect or falsified, then yeah, crime. If those are the actual results, then I dont have a problem with it.

Trials rarely make it out of phase 1. They announcex okay-ish phase 1 shiat, market pounced.

Idk, I think this looks worse than it actually is.
 
7 days ago  
I usually buy and sell at Market. But buying or selling automatically at a predetermined price is standard operating procedure.
 
6 days ago  

PreMortem: Tell me again why the stock market is necessarily a good thing? All I see is legalized gambling run by white collar mafia. If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.


Are you really that naive?

The stock market is a democratic mechanism that allows anyone to be an investor.

If only big banks could provide capital to companies, they would become even more powerful and dominant in our economy, and many businesses would never have a shot at getting funding. This is currently a huge problem with VC funds where just one percent of venture-backed founders were black.

Further, publicly traded companies are subject to all kinds of regulations and disclosures that help reveal wrongdoing. This transaction was revealed because Moderna is publicly traded. Or think about WeWork where the disclosures from the IPO process revealed it was a shiatshow.

The media just focuses on companies that take wild swings in a short period of time. They're just noise. The market as a whole is fairly efficient and not that volatile. Yes there are lots of people trying to make a quick buck by betting that a stock will soar or crash, but that's just noise. Passive investments - index funds and EFTs make up more than 50 percent of equities. That means most people aren't trying to make a quick buck - they're buying a fund and intended to hold it for decades.

Complain all you want, but you're losing out if you're not buying index funds.
 
6 days ago  
The announced data from the trial was on eight patients. The trial is planned to have 150 patients. The development of antibodies was observed. Some toxicity was seen, but we have only been told that was not too bad. It looks to me that the people bidding up the price were taking a flyer. The CFO and the CMO receive $ 3-5 million annually. I can understand them taking some money off the table. Others are free to infer that if you are getting $4 million a year and happen to have an extra $5-10 million lying around there are better places for your money than Moderna at $87 per share. My personal (bitter) experience as a less lofty person than the two insiders is that early investing in high tech stocks is not prudent. Go to a casino instead; the payout is better and you get drinks served by young women who seem to like old guys with a stack of chips.
 
6 days ago  

Rapmaster2000: My problem was that everyone is asking why they released rosy news at such an early point in the process.  Considering that executives knew the dates of their transactions, it looks to me like they did it to maximize share price on their sale date.  It's not illegal. It's just unethical.


1. They've already partnered with Lonza to manufacture up to a billion doses of vaccine in 2021, so it's kinda hard to hide how bullish they're feeling.

2. The U.S. Biomedical Advanced Research and Development Authority gave them $500 million to accelerate development of the vaccine, so they have to keep the agency and congress informed of their progress.

And since they're being funded with tax payer dollars, they should be transparent with the trials. Transparency shouldn't fall victim to stupid speculators.
 
6 days ago  
Good for them.  They screwed people with disposable income and jackasses on Wall Street.  I see the pics with "jump farkers" here regularly.  You should be happy.  If your money manager folks invested, find someone new.  If you invest yourself and invested here, well get a second job.
 
6 days ago  

BolloxReader: This is pretty much how it is supposed to work. You don't keep your invested money in the company you work for. You sell it and buy other investments. Otherwise if the company goes under you lose both your income and your retirement. This is "explained to me at age 19" level stuff here. And it is still true today.

If these were automated trades triggered by price increases, then of course they made a chunk of change, that's the point if a sell order, and the only suspicious thing is the execution of the options. But I don't know if exercising options is limited like other purchases and sells are for executives.


No, not in this situation.

This situation is a plague. A pandemic, in fact.

The automatic trades needed to be halted. Not "should" or "could have" but needed. The investment was for creating a vaccine. The money that triggered the sales was not for him to divest and invest elsewhere. It was for making a vaccine. it was for research that would contribute to a vaccine no matter where it came from.

This is life and death, and stability of whole countries. This is not Situation Normal. This is SNAFU.

You're wrong. Any other plague, and the residents of the nation where this happens actually just straight up kill the rich person who absconds with money for treatment. This is not normal governance or capitalism. This behaviour is what capitalism promised would not happen, because profits could be used to save us when se needed saving from disease.
 
6 days ago  

JerkStore: I'm not sure this is even a crime anymore.


It's not a crime if you're not prosecuted and trump and his butt buddy barr never prosecute treason or fraud.
 
6 days ago  

wow just wow: Good for them.  They screwed people with disposable income and jackasses on Wall Street.


You don't know how retirement plans and pension funds work, do you?
 
6 days ago  

PreMortem: .... If a company needs capital to invest in its production, they can go to the bank and put down their house note like everyone else.


There is simply no way a modern economy of our size would function without a stock market.  Furthermore limiting investment in companies to those the bank chooses to lend to would be a system more open to more abuses than the stock market - and even less involvement in business by the general public.

It baffles my mind how 14 people could "smart" such a dumb comment.
 
6 days ago  

Bennie Crabtree: The automatic trades needed to be halted. Not "should" or "could have" but needed. The investment was for creating a vaccine. The money that triggered the sales was not for him to divest and invest elsewhere. It was for making a vaccine. it was for research that would contribute to a vaccine no matter where it came from.


So what you're saying is, you have no idea how the stock market works?
 
6 days ago  

AmbassadorBooze: vudukungfu: Palined Parenthood: This must mean something huge is about to drop. I'm thinking my 401(k).

Ought to be the CEO, at the end of a rope

A quick death does not induce enough fear in these types of "people".  They are psychopaths.  They don't fear death.  The only way to deter these " people" is truly horrific punishments.  Have them strapped to a table and then force fed their own body parts.  Then when all the non essential parts are eaten.  Have doctors keep them alive, and conscious for as long as possible.  Make sure to stream the whole punishment on youtube.  Then when they finally die, have their accomplices eat the half corpse.

In the future, when mind uploading is possible, just before death, the consciousness of the psychopath should be uploaded into a virtual prison environment where they are in solitary confinement and tortured for as long as there is an energy gradient in the universe.  Trillions of years.  No suicide possible and no zoning out.  And have their experience time be sped up so they experience quadrillions of years of solitary torture.

Death is easy, everybody gets it.  We need to take away the chance of normal death and normal life from these "people".  They need to know that if they commit crimes like this that they leave behind anything resembling their old life.  They become auto cannibals.  Possibly for quadrillions of years.

It won't stop them all, but fear of having to eat your own self to death might get about half of these types of " people" to fly right.





We have found Harlan Ellison's alt....

Fark user imageView Full Size
 
6 days ago  

Bennie Crabtree: BolloxReader: This is pretty much how it is supposed to work. You don't keep your invested money in the company you work for. You sell it and buy other investments. Otherwise if the company goes under you lose both your income and your retirement. This is "explained to me at age 19" level stuff here. And it is still true today.

If these were automated trades triggered by price increases, then of course they made a chunk of change, that's the point if a sell order, and the only suspicious thing is the execution of the options. But I don't know if exercising options is limited like other purchases and sells are for executives.

No, not in this situation.

This situation is a plague. A pandemic, in fact.

The automatic trades needed to be halted. Not "should" or "could have" but needed. The investment was for creating a vaccine. The money that triggered the sales was not for him to divest and invest elsewhere. It was for making a vaccine. it was for research that would contribute to a vaccine no matter where it came from.

This is life and death, and stability of whole countries. This is not Situation Normal. This is SNAFU.

You're wrong. Any other plague, and the residents of the nation where this happens actually just straight up kill the rich person who absconds with money for treatment. This is not normal governance or capitalism. This behaviour is what capitalism promised would not happen, because profits could be used to save us when se needed saving from disease.


No, it's a business whose sole reason for existence is to make money in exchange for service or goods. That the feds want to motivate business to create a vaccine by giving them money is a win-win, it's not a jobs program and the constitution doesn't disappear because your quaking in fear inside your house. The first vaccine will be developed by capitalism cuz it turns out pointing guns at scientists doesn't streamline the process, but paying out money to keep the lights on and keep paying salaries does happen to yield results.
 
Displayed 50 of 53 comments


Oldest | « | 1 | 2 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is closed to new comments.

Continue Farking





On Twitter




In Other Media
X
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.