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I'm not delusional, I understand the situation we are in, but at the same time a lot of the doom and gloom/conspiracy theories spread in the last few month are absolute non sense.
Executives are paid in stock for tax reasons; this is a scheduled payout. Idiotic click bait.Originally Posted by Flika
Again, if you think the c-suite can just buy stock the day or even week of bad press you are sadly mistaken, if they were bought, this trade was done well before the merger was terminated. If you are even a spirit employee you'll know TC has address this in the past, and you'll know most of them are compensated with stock, so we have no idea under what circumstances these shares were acquired. Not only that, If you do further research you'll see TC alone owns over 200,000 shares of spirit stock. Even to a millionare, a stock that was once worth 50+,going to 0 at 200,000 a pop is gonna hurt.I'm not delusional, I understand the situation we are in, but at the same time a lot of the doom and gloom/conspiracy theories spread in the last few month are absolute non sense.