Two Moderna Executives Dump $30 Million of Stock after Vaccine Press Release | |
Pilgrim001
User ID: 78018011 United States 05/23/2020 07:41 PM Report Abusive Post Report Copyright Violation | REVEALED: Two executives at drug firm Moderna quietly sold nearly $30 million of stock when they unveiled coronavirus vaccine and value rose - before share price went down again Quoting: Anonymous Coward 78946902 Moderna's share price skyrocketed after it released promising results from its vaccine trial Monday, sparking hope that a vaccine could be available January Stocks surged as much as 30 percent Monday to $87 a share following the news Lorence Kim, Moderna's chief financial officer, exercised 241,000 options for $3 million Monday, then sold them for $19.8 million, taking a $16.8 million profit Tal Zaks, Moderna's chief medical officer, exercised $1.5 million stock options before making a profit of $8.2 million when he offloaded them for $9.77 million [link to www.dailymail.co.uk (secure)] Two executives Fucked them Right in the Pussy. I don't have the time or the crayons to explain this to you. Slake Blake |
Anonymous Coward User ID: 38487486 United States 05/23/2020 07:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 07:46 PM Report Abusive Post Report Copyright Violation | This one is absolutely damning [link to www.sec.gov (secure)] Lorence H. Kim Chief Financial Officer at Moderna bought stock just before the press release and then unloaded that stock after - the same day!!!!!!!!!!!!!! |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 07:51 PM Report Abusive Post Report Copyright Violation | This one is absolutely damning Quoting: Anonymous Coward 78946902 [link to www.sec.gov (secure)] Lorence H. Kim Chief Financial Officer at Moderna bought stock just before the press release and then unloaded that stock after - the same day!!!!!!!!!!!!!! Here's the press release [link to investors.modernatx.com (secure)] Moderna's Chief Financial Officer bought just before the FDA fast track press release and then sold after. This is BLATANT insider trading and the documents prove it! |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 07:58 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:03 PM Report Abusive Post Report Copyright Violation | [link to www.sec.gov (secure)] |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:24 PM Report Abusive Post Report Copyright Violation | Let me explain what’s going on. To prevent accusations of insider trading (buying/selling with non-public information), executives can use Rule 10b5-1 Rule 10b5-1, established by the Securities and Exchange Commission (SEC) in 2000, allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. The documents I’ve linked to in this thread, state the trades were made via Rule 10b5-1. This means Lorence H Kim (CFO of Moderna) and Tal Zvi Zaks (CMO) arranged in advanced with their broker the trades they would make dates/times/amounts etc. So, these trades were pre-planned. However, if you look at the significant trades in their history, they occurred around. 1. FDA fast tracking Moderna vaccines (12 May) 2. Moderna positive press release (18 May) Unless you knew the future, it would be virtually impossible to pre-plan when/if the FDA would fast track the vaccine or the date when the positive press-release would be released. It would be like choosing which day to win the lotterty on. The evidence is damning and Lorence H Kim and Tal Zvi Zaks have committed stock fraud. |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:33 PM Report Abusive Post Report Copyright Violation | Let me explain what’s going on. Quoting: Anonymous Coward 78946902 To prevent accusations of insider trading (buying/selling with non-public information), executives can use Rule 10b5-1 Rule 10b5-1, established by the Securities and Exchange Commission (SEC) in 2000, allows insiders of publicly traded corporations to set up a trading plan for selling stocks they own. The documents I’ve linked to in this thread, state the trades were made via Rule 10b5-1. This means Lorence H Kim (CFO of Moderna) and Tal Zvi Zaks (CMO) arranged in advanced with their broker the trades they would make dates/times/amounts etc. So, these trades were pre-planned. However, if you look at the significant trades in their history, they occurred around. 1. FDA fast tracking Moderna vaccines (12 May) 2. Moderna positive press release (18 May) Unless you knew the future, it would be virtually impossible to pre-plan when/if the FDA would fast track the vaccine or the date when the positive press-release would be released. It would be like choosing which day to win the lotterty on. The evidence is damning and Lorence H Kim and Tal Zvi Zaks have committed stock fraud. This is an exclusive to GLP. It would statistically impossible to pre-plan those trades on the FDA fast track date and the positive press-release date. So, they committed fraud. By: 1. Claiming it's a pre-planned trade. 2. Insider trading. |
Anonymous Coward User ID: 76473739 United States 05/23/2020 08:33 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 74602818 United States 05/23/2020 08:36 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:39 PM Report Abusive Post Report Copyright Violation | seems illegal, probably isn't, America made sure people can do whatever they want with money during Bush years. Quoting: Anonymous Coward 76473739 Oh, it's definitely illegal. Imagine planning with your broker to buy stock in a company 3 months in advance so you tell the SEC you are using Rule 10b5-1. A pre-planned trade. But, a friend calls you and tells you to buy the stock on a certain date because the price will incread. So, you are decieving the SEC by claiming it's a pr-planned stock and using insider information. It's obviously fraud. |
Anonymous Coward User ID: 78342129 United States 05/23/2020 08:44 PM Report Abusive Post Report Copyright Violation | REVEALED: Two executives at drug firm Moderna quietly sold nearly $30 million of stock when they unveiled coronavirus vaccine and value rose - before share price went down again Quoting: Anonymous Coward 78946902 Moderna's share price skyrocketed after it released promising results from its vaccine trial Monday, sparking hope that a vaccine could be available January Stocks surged as much as 30 percent Monday to $87 a share following the news Lorence Kim, Moderna's chief financial officer, exercised 241,000 options for $3 million Monday, then sold them for $19.8 million, taking a $16.8 million profit Tal Zaks, Moderna's chief medical officer, exercised $1.5 million stock options before making a profit of $8.2 million when he offloaded them for $9.77 million [link to www.dailymail.co.uk (secure)] I you own a stock and the value goes up you have the right to sell it. I don't see the crime here unless they had secret knowledge an abused it some how. If they just got lucky and saw the stock was going to go up because the company they work for becomes valuable all of a sudden, then I can see the problem. |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:45 PM Report Abusive Post Report Copyright Violation | seems illegal, probably isn't, America made sure people can do whatever they want with money during Bush years. Quoting: Anonymous Coward 76473739 Oh, it's definitely illegal. Imagine planning with your broker to buy stock in a company 3 months in advance so you tell the SEC you are using Rule 10b5-1. A pre-planned trade. But, a friend calls you and tells you to buy the stock on a certain date because the price will incread. So, you are decieving the SEC by claiming it's a pr-planned stock and using insider information. It's obviously fraud. If you look at Lorence H Kim (CFO of Moderna) and Tal Zvi Zaks (CMO) trading history, it's abolutely blatant they either knew when the date the FDA would fast track the vaccine and planned accordingly (insider trading) or bought just before the press release. |
Anonymous Coward User ID: 78943394 United States 05/23/2020 08:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:48 PM Report Abusive Post Report Copyright Violation | REVEALED: Two executives at drug firm Moderna quietly sold nearly $30 million of stock when they unveiled coronavirus vaccine and value rose - before share price went down again Quoting: Anonymous Coward 78946902 Moderna's share price skyrocketed after it released promising results from its vaccine trial Monday, sparking hope that a vaccine could be available January Stocks surged as much as 30 percent Monday to $87 a share following the news Lorence Kim, Moderna's chief financial officer, exercised 241,000 options for $3 million Monday, then sold them for $19.8 million, taking a $16.8 million profit Tal Zaks, Moderna's chief medical officer, exercised $1.5 million stock options before making a profit of $8.2 million when he offloaded them for $9.77 million [link to www.dailymail.co.uk (secure)] I you own a stock and the value goes up you have the right to sell it. I don't see the crime here unless they had secret knowledge an abused it some how. If they just got lucky and saw the stock was going to go up because the company they work for becomes valuable all of a sudden, then I can see the problem. They are using Rule 10b5-1, which means it's a pre-planned trade. What are the chances of pre-planned trades at exactly the right time of the FDA fast track approval and the positive press-release that cause the stock to jump up? |
Anonymous Coward User ID: 20205537 United States 05/23/2020 08:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78946822 United States 05/23/2020 08:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78946822 United States 05/23/2020 08:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78946822 United States 05/23/2020 08:51 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78946822 United States 05/23/2020 08:53 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78946822 United States 05/23/2020 08:54 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 08:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 09:00 PM Report Abusive Post Report Copyright Violation | So prevent executives being accused of insider trading, they pre-plan their trades with this rule. [link to www.investopedia.com (secure)] |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 09:02 PM Report Abusive Post Report Copyright Violation | Take a look at this doc [link to www.sec.gov (secure)] it states after the table This sale was effected pursuant to a Rule 10b5-1 trading plan. Which means the trade was pre-panned. |
Anonymous Coward User ID: 65002749 United States 05/23/2020 09:12 PM Report Abusive Post Report Copyright Violation | Not to mention a 20% rate of testee's had to have medical intervention after taking the shot. Not very promising to me. Hope they bankrupt the fukn company with their insider trading. One less poison on the market place. |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 09:12 PM Report Abusive Post Report Copyright Violation | [link to www.sec.gov (secure)] So, what happned on the 18th May? Moderna announced positive results from vaccine trial, which sent the price up. [link to investors.modernatx.com (secure)] Then the bought shares were then sold the same day to make a hefty profit. The document tells the SEC it was pre-planned! That's impossible. How would you now in advance which day to buy the shares and sell them, unless you traded on insider info or it wasn't pre-planned. |
Anonymous Coward User ID: 78860267 United States 05/23/2020 09:13 PM Report Abusive Post Report Copyright Violation | REVEALED: Two executives at drug firm Moderna quietly sold nearly $30 million of stock when they unveiled coronavirus vaccine and value rose - before share price went down again Moderna's share price skyrocketed after it released promising results from its vaccine trial Monday, sparking hope that a vaccine could be available January Stocks surged as much as 30 percent Monday to $87 a share following the news Lorence Kim, Moderna's chief financial officer, exercised 241,000 options for $3 million Monday, then sold them for $19.8 million, taking a $16.8 million profit Tal Zaks, Moderna's chief medical officer, exercised $1.5 million stock options before making a profit of $8.2 million when he offloaded them for $9.77 million Well, you think? This RNA vaccine has never worked. Fauci promised an Aids vaccine over 35 years ago and produced nothing. Why are we listening to him now? |
Anonymous Coward User ID: 78886157 United States 05/23/2020 09:14 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 78946902 Poland 05/23/2020 09:16 PM Report Abusive Post Report Copyright Violation | Around 241000 shares were bought and sold on the 18th May Quoting: Anonymous Coward 78946902 [link to www.sec.gov (secure)] So, what happned on the 18th May? Moderna announced positive results from vaccine trial, which sent the price up. [link to investors.modernatx.com (secure)] Then the bought shares were then sold the same day to make a hefty profit. The document tells the SEC it was pre-planned! That's impossible. How would you now in advance which day to buy the shares and sell them, unless you traded on insider info or it wasn't pre-planned. If this was presented to a court, with previous trading history, it would be slam-dunk! |
thinking...
User ID: 78212432 United States 05/23/2020 09:17 PM Report Abusive Post Report Copyright Violation | In his poem Human Pride, Marx admits that his aim is not to improve the world, reform or revolutionize it, but simply to ruin it and enjoy it being ruined: With disdain I will throw my gauntlet full in the face of the world, And see the collapse of this pygmy giant whose fall will not stifle my ardor. Then will I wander godlike and victorious through the ruins of the world And, giving my words an active force, I will feel equal to the Creator. “Looking for consciousness in the brain is like looking in the radio for the announcer.” – Nasseim Haramein, Director of Research for the Resonance Project |