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> Did anyone really need insider information to know Amazon stock was going to rise? Did you invest? Did everyone you know invest? Did you time it as well as t

• notional 6y ago
  Did I invest? Yes, my compensation was in part Amazon stock. Pretty much everyone I knew also invested. What is timing if you don't plan to sell short term? As far as I can tell, this charge is about buying not selling stock.
  • celticninja 6y ago
    It's about buying it with insider knowledge that the quarterly earnings call would be positive and lead to a rise in price. So the intent is to sell that stock when you know the price has gone up to guarantee a return. The issue is the knowledge they used to make that decision was not public record.
  • shitlord 6y ago
    Amazon generally doesn't allow employees to purchase AMZN options.