TL;DR
JPMorgan’s CEO just sold $31.5 million in stock—a ‘pre-planned sale’ or a canary in the coal mine? History teaches us that those at the top rarely go down with the ship.
Story
JPMorgan CEO Jamie Dimon sold $31.5 million of his company’s stock. Not exactly inspiring confidence, is it?
It’s presented as a pre-planned sale, the kind executives do regularly. Sure, that’s the official story. But let’s be real, folks—when rats flee a sinking ship, they don’t announce it with press releases. They just go.
‣ Pre-planned sale: A scheduled stock sale by executives, often to diversify holdings or avoid insider trading accusations.
Think back to 2008. How many CEOs quietly dumped their shares before the market crashed? History doesn’t repeat itself, but it often rhymes.
This isn’t about accusing Dimon of anything illegal. It’s about recognizing human nature. When someone at the top unloads a massive chunk of stock, it’s a gut check moment. Are they just rebalancing their portfolio? Or do they know something we don’t?
‣ Insider trading: Illegally trading stocks based on non-public information.
Maybe Dimon just needed cash for a new yacht. Or maybe, just maybe, he sees storm clouds on the horizon. Remember, nobody rings a bell at the top (or bottom) of the market.
Don’t panic, but don’t be naive either. This isn’t a buy signal. It’s a reminder that even the titans of Wall Street play their own game, and you’re not invited.
Advice
Don’t blindly follow the ’experts.’ Do your own research, and never invest more than you can afford to lose.