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Why would Fred dump his holding in Twitter? I'm sure Twitter are incredibly open with Fred about their financials and future plans. Fred's beef was with being
by joshfraser 16y ago
Why would Fred dump his holding in Twitter? I'm sure Twitter are incredibly open with Fred about their financials and future plans. Fred's beef was with being a shareholder and not getting that information.
- deleted 16y ago[deleted]
- dr_ 16y agoI don't buy it. Fred's a smart man - he knows with a company the size and scope of Apple releasing certain information will only feed competitors and fuel speculation. Steve Jobs said he was taking a medical leave of absence because his health issues are more complex than he thought. That's enough information. What is Fred looking for, biopsy reports?
- jonknee 16y agoThe SEC rules are pretty vague, so it's hard to say how much is enough information. They did ask Apple for more information though, which lends me to believe that they're more on the "disclosure is better" side. Apple's board of directors was also not amused by Jobs' policy of not disclosing his medical issues (Jerry York told the WSJ that he almost resigned after hearing the news but didn't so as to not contribute to the media drama).