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2 yr. ago

  • Damn. This makes so much sense but is also so disheartening.

    They had essentially a perfect product and a total monopoly over their market. Apparently, even that isn’t enough for some executives.

    What’s even the point of trying to double or triple dip at that point? Maybe they made more money in the decade they got away with it, but the product is considerably worse than it used to be and now their dirty laundry is out in the open.

    Shit’s depressing.

  • Copying my own comment from another thread:

    In those workers’ defense, the delivery companies spent hundreds of millions of dollars on a disinformation campaign to trick the public into thinking that voting for 22 was in their own interest.

    It’s absurd that it was on the ballot in the first place.

  • In those workers’ defense, the delivery companies spent hundreds of millions of dollars on a disinformation campaign to trick the public into thinking that voting for 22 was in their own interest.

    It’s absurd that it was on the ballot in the first place.

  • The point is this is one sale of many.

    Yes, hypothetically the CEO could influence the date an announcement is made for their own personal gain, but it’s not worth it and there will be many more sell events in the future.

    Long run, trying to scheme an announcement to gain more at 1/100 sales isn’t worth it.

    CEO John Riccitiello shifted 2000 shares last week on 6th September, … part of a trend over the past year where the exec has sold more than 50,000 shares in total and bought none.

    This is a drop in his equity bucket and any gains this article implies are due to “insider trading” will disappear in subsequent events.

  • These stories are so dumb/intentionally misleading/outrage bait.

    Executives have predefined stock sale schedules at regular intervals. This allows them to convert their equity to cash and avoid conflicts of interest. That is, it’s hard to gain an advantage over the market when you sell exactly the same amount every month for the next 4 years.

    Where was everyone’s outrage the other 99% of times this guy sold exactly the same amount of stock?

  • This seems like such a small market to me...

    Who wants to play these games, hasn’t, doesn’t have access to another console/pc, has a wireless controller, has enough time to actually sit down and play these on their phone, and has their power cord on them (because you know these games will eat that battery alive)?

    Maybe this is all setting up to allow iPhones to AirPlay games to an appletv or something.

  • You know you can buy literally the cars you wanted as a teenager right?

    Staying on the BMW thread, you can get a mint E46 or E9X M3 for a fraction of the cost of the new ones. Just gotta find one where the owner has taken care of it and kept service records.

  • Honest question: why every 4-5 years?

    I’ve always considered helmets good until you knock ‘em once. Then you have to replace ‘em because they lose their structural integrity crumpling to protect your noggin.

    Am I misinformed or is it a matter of “you’ll probably knock it in that timeframe, even if you don’t realize it?”

  • I’m reasonably confident that the cost to outfit officers with body cams and to give them all raises so they play ball would be significantly less than tax payers already cover in terms of police abuse settlements (ignoring the other benefits of making officers accountable for their actions).