7 ms·
All those crazy 500k+ offers going around over the last 6 months are already softer thanks to RSU value dropping. Some people are already getting 30% less then
by ripper1138 4y ago
All those crazy 500k+ offers going around over the last 6 months are already softer thanks to RSU value dropping. Some people are already getting 30% less then they thought they were getting (at least for now).
- ldjkfkdsjnv 4y agoThe big secret is those companies knew a sell off was imminent and that their stock was overvalued. The 500k offers were really 350k offers in disguise.
- jstx1 4y agoI really doubt this. Why do you think they knew a sell off was imminent?
- cwmoreiras 4y agoBecause they have financial analysts working for them.
- somebodythere 4y agoIf hedge funds can't reliably predict a market crash, why do you think a team of accountants at an Amazon office can? And if they could, why don't they exit their core business and get into trading stocks?
- wbsss4412 4y agoThe difference is between a reliable prediction and a precise and timely prediction.
- jmopp 4y agoThe accountants at Amazon have material non-public information that they can't act on for obvious reasons, but if they know beforehand - for instance - that sales aren't growing as fast as they used to, or that luxury purchases are trending downward, they can forecast that their own price might slump in the next few months.
- mateo411 4y agoThey can still buy and sell their own company, but they have to respect the black out dates.
- sangnoir 4y ago> They can still buy and sell their own company, but they have to respect the black out dates. Trading on specific non-public information is insider trading and is illegal at all times - even during official trading windows.
- freyr 4y agoI’d be more impressed if they could predict market conditions 3+ years from now, when the bulk of the Amazon employees’ shares are actually vesting. Maybe they can, but I think that’s a very generous assumption.
- colinmhayes 4y agoIt's all about timing.
- nowherebeen 4y ago> hedge funds can't reliably predict a market crash Hedges can predict a recession is coming, just not the timing. They have been saying it for the last 12 months. > a team of accountants at an Amazon Amazon hires ex-bankers to work for them. They aren't a team of accountants. It's a cushy corproate job that many bankers take. It's good to do when you don't want to hustle long hours anymore. > And if they could, why don't they exit their core business and get into trading stocks? What?!
- jakear 4y agoInsider trading is illegal for a reason.
- junofan 4y agoAt the $1T+ scale, their CFOs are constantly road-tripping to find new institutional buyers. It stands to reason they’d perhaps know which way the wind was blowing based on those interactions.
- rbinv 4y agoHonest question: what does a public company have to gain by convincing institutional buyers to buy its stock? I can't imagine that to have any lasting effect on the stock price.
- buzzthro 4y agoWhy would they need to go woo institutional buyers? At 1T they're already probably part of S&P 500 and other standard investment indexes. All the mutual funds, ETFs, pension plans are bought into them.
- ushakov 4y agofor me personally it was rate-hike rumors/announcement by the Fed in high-rate environment high-risk high-growth stocks are unattractive, so investors pull the money out and invest it into “safer” assets don’t forget that many investors are leveraged too and a sale of one big investor might trigger a selloff chain reaction
- hypomanic 4y agoit's easy to predict the past did you short?
- ushakov 4y agoi don’t short, but i buy more at lower price it’s well-known economic fact that after a crisis there’s always recovery
- iamacyborg 4y agoHow’d that work out for Enron?
- rsecora 4y agoOr Lehman or ...
- fullshark 4y agoJust they went public
- ripper1138 4y agoTotally agree