Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Companies hide negative news with unrelated press releases alongside SEC filings

news.nd.edu

Post reply on HN
Print view View original

91–96 of 96 posts

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#91

Post by scrum-treats »

refurb wrote: post #80
BionicAnomaly wrote: post #71

Earlier quoted context omitted.

When you notice that X person is "dumping sizable amounts of stock", and use that as your foundation for a wave of further speculation, the first thing you should consider doing is looking at the actual filing[0]. Which of course contains the pertinent information: "This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 11/23/2022." So did this person "dump" stock? Sur…

Precisely. If you're in an executive position at a company, you're an "insider" pretty much 100% of the time so you have no choice but to sign up for a trading plan that dumps stock on a regular basis regardless of the price. And the reason why his sales grow is likely because his stockpile of vested equity has grown over time, so selling "10% of holding" is going to go up every year.

This statement is speculative.

It's quite interesting how quickly people rush in to defend persons in perceived power, without objectively analyzing the actual claim. Are you part of the C-suite in-group?

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#92

Post by refurb »

scrum-treats wrote: post #91
refurb wrote: post #80

Earlier quoted context omitted.

Precisely. If you're in an executive position at a company, you're an "insider" pretty much 100% of the time so you have no choice but to sign up for a trading plan that dumps stock on a regular basis regardless of the price. And the reason why his sales grow is likely because his stockpile of vested equity has grown over time, so selling "10% of holding" is going to go up every year.

This statement is speculative. It's quite interesting how quickly people rush in to defend persons in perceived power, without objectively analyzing the actual claim. Are you part of the C-suite in-group?

It's not speculative at all. It's the law for insiders.

It's actually speculative to argue he "dumping" stocks because that would be illegal.

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#93

Post by nevermindiguess »

xwdv wrote: post #84
nevermindiguess wrote: post #49

Earlier quoted context omitted.

Nasdaq closing auction ends at 4pm. Reports come out later. Participants trading on 8-K cannot trade the news immediately. Orders can be executed only on Monday during opening auction. Also, you assume their trades are enough to move the market and neutralize the opportunity, which may not be the case. Perhaps they can trade off market. I’m just saying that it may not be a done deal as you describe it, but I may be m…

This is a very retail oriented view of the world. For the big players it’s trivial to move stock any time of day, there are various methods, they aren’t sitting around waiting for financial markets to open.

Would you care to give some examples? Anything after hours must be OTC, but traders won’t be on the floor on Saturday and Sunday. I know. I was there. So, who’s going to trade during the weekend? Trades also have to be reported within a certain time. I’m not sure about weekend reporting. It’s a genuine question. Your comments seems more a hearsay than actual experience.

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#94

Post by nico »

boringg wrote: post #85
nico wrote: post #31

Earlier quoted context omitted.

You mean we have to always oppose someone else’s incentives? Or we always have to see someone else’s incentives as an opposition to ours? What does dynamic nature imply? Can’t a system be dynamic?

No as humans we will always game a system to maximize their individual incentives. Systems can be dynamic but humans are more creative dynamic than systems can be designed. That is and will always be true.

An absolute truth

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#95

Post by jonhohle »

brookst wrote: post #59
jonhohle wrote: post #34

Earlier quoted context omitted.

Is your Amazon shopping experience better than 10 years ago? Is product discovery easier? Are you confident that you’re getting genuine merchandise? Are delivery promises being met? Are the prices competitive with other online and offline retailers? All of those have gotten worse for me. The fact that FakeSpot exists is telling.

Wait, are we talking about trends backed by data or anecdotes backed by Reddit and n=1 personal experiences?

I worked at Amazon from 2009-2016. For a while near the end I worked on brand management which was specifically trying to address the counterfeit problem. If you’ve used Amazon in the last 14 years, you’ve used software I’ve worked on. My n=1, but from an informed position.

It’s 2023 and I still get counterfeits.

Re: Companies hide negative news with unrelated press releases alongside SEC filings

#96

Post by jonhohle »

scrum-treats wrote: post #45
jonhohle wrote: post #34

Earlier quoted context omitted.

Is your Amazon shopping experience better than 10 years ago? Is product discovery easier? Are you confident that you’re getting genuine merchandise? Are delivery promises being met? Are the prices competitive with other online and offline retailers? All of those have gotten worse for me. The fact that FakeSpot exists is telling.

> Is your Amazon shopping experience better than 10 years ago? No. Actually the site is overridden with fraudulent items, and the quality is in severe decline. The print-on-demand books are poorly printed, there's no way I'm buying anything over $100, especially not electronics. I can't trust any food items. The reviews are littered with bots. Not to mention, Amazon completely ruined Whole Foods. It's bad. As in, sev…

> “Price Labs”

That’s interesting. When I started there in 2009, per customer dynamic pricing was a failed experiment and the people in my org treated it as a huge legal liability that was extremely taboo. At the same time, I’m not really surprised based on other MBA led initiatives that are the opposite of customer centric. I was never sure how those guys got enough purchase to get their projects done.

Post reply on HN