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Jeff Bezos sells Amazon shares worth $2 billion

Started by Redaktion, February 10, 2024, 19:57:15

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Redaktion

Amazon.com founder Jeff Bezos has sold approximately 12 million shares of the company, netting around $2 billion. This move comes shortly after Bezos announced a plan to sell his shares over the next year.

https://www.notebookcheck.net/Jeff-Bezos-sells-Amazon-shares-worth-2-billion.802240.0.html

NikoB

This is real "capitalization" - receiving cash. Market capitalization is an empty phrase until the shares are sold. Today it's 2 trillion, tomorrow it's 2 billion, and then it's 0...

It took Bill almost 20 years to pull out at least 60 billion.

Of course, with artificially inflated capitalization in the trillions (which is facilitated by accomplices in the Fed and other Central Banks), it is much simpler and easier to pull out the desired cache from stocks.

This is precisely why capitalization is artificially inflated together with accomplices in central banks - to create money out of thin air, with which they can then use cash to buy really valuable assets that they will get either voluntarily (due to the stupidity of the key beneficiaries), or due to artificially created pressure (forced bankruptcy ), or simply to buy up promising startups (perhaps one will take off, and the more of them are bought, the higher the chances - like with lottery tickets, only analysts also work here). And if they didn't have the ability to artificially inflate capitalization tens and hundreds of times, how much would Bezom and others like him be able to pull out in cash without consequences for the shares? An order of magnitude less.

This is how real power is created among a narrow stratum, through artificially inflating shares, then cashing and buying up real assets with fiat candy wrappers that are worth nothing in reality.

Hunter2020

Time to short the stock market.  Remember when Elon Musk said he needed to sell some TSLA stocks to fund his purchase of Twitter?  That was when TSLA was trading around ~300 USD/share.  Look at the stock price of TSLA today below ~200 USD/share.  Doesn't matter what kind of excuses these public figures make, if they sell you must be selling too!

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