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1ClassyLady 68F
3120 posts
12/9/2021 6:48 pm
Billionaires are selling their stocks

Please be aware of "Billionaires are selling their stocks to pay IRS". Elon Musk is selling Tesla stock, Jensen Huang is selling NVDA. I sold all my Tesla and NVDA stocks at high. Jeff Bezos is selling Amazon stock, I think Tim Cook will sell his AAPL stock. I sold al* my AAPL stock yesterday. I need to pay IRS too. But I still own small shares of AMZN, Google and FB.

There was a correction last week especially Nasdaq (high tech) sector. We know Elon Musk publicly said he needs to sell his TSLA to pay Uncle Sam. Those Trillion market cap stocks are at top, so those CEO's have to pay lots of taxes. The 2021 will be over soon and the tax year ends on New Year Eve.

Today, Dec 9, aftermarket, EU Commissioner, Vestager said EU is investigate 4 of U.S. successful companies, AAPL, AMZN, GOOGLE and FB. She said has a general case about Apple app store investigation. Please Google the news "EU Commissioner, Vestager" for detail.

Honesty is the best policy.

1ClassyLady 68F
3289 posts
12/9/2021 9:38 pm

Current Microsoft CEO is selling 1/2 of his holding. Walmart family also selling WMT.

I think NOT ONLY for paying tax purpose, but also 1) Omicron variant, Delta variant, and Coronavirus pandemic spreading. 2) Inflation - prices are soaring. 3) Federal Reserve "taper QE policy" will end by June of next year. 4) FOMC may have "Rate hike" if inflation getting serious after "taper QE" ends.

According CNBC said most people feel the economy in 2022 will be worse, if the pandemic can't be controlled. It has been 2 yrs, the pandemic is still lingering around.

I have received three Pfizer vaccines in 2021.

Honesty is the best policy.

1ClassyLady 68F
3289 posts
12/9/2021 7:29 pm

Apple reaches 2.9 Trillion market cap this morning. According to CNBC AAPL needs to be $182.86 per share to make 3 Trillion market cap company. I sold my last share of AAPL yesterday. I have none AAPL.

Yesterday, Dec 8 there was an article on "The Information" said Apple CEO, Tim Cook went to China in 2016 in order to keep China's market, Tim signed a five year contract with China for $275 Billion dollars. Apple's China strategy stock up 32% YTD. Apple donated $275 billion to CCP in 2016 Mr. Wayne Ma (The Information reporter) said. Apple cost $275 billion doing business in China. CNBC reached to Apple but Apple didn't respond.

Tim Cook 2nd trip to China in 2016 to see Zhang Gao Li 张高丽 (former senior Vice Premier of the State Council between 2013 and 2018 who had sexual relationship with Peng Shuai 彭帅), the 3rd trip Tim went to China in 2016 to meet Li Keqiang 李克强 (current premier). It is a scandal that AAPL bribed CCP in order to get Chinese business.

Honesty is the best policy.