Thread regarding Walmart layoffs

It's amazing there are so many "Experts" here. The posts that seem to be on target are the ones from 1kkp, 1xpd, 2egi and 1uqv. But I'd add a footnote to those posts as well, since they are incomplete as they are.

Holders of stock, be them individuals or other, may also sell stock based on numerous other factors, such as purchase price, purchase date, ability to offset a gain by electing a loss, type of stock (such as a grant or a purchase) - there could be numerous reasons to either sell or buy. Those folks that have large quantities of stock have agents they pay to manage their portfolios - and those are the real experts. You can bet those people know what they are doing.

But for goodness sakes - if you read any truth into the following statement made at the beginning of this thread, you have no clue what a 401k is:

"If you leave your money in Walmart then you deserve the whoopin your going to take when the Executives s--- your 401K dry and land softly in their Golden Parachute."

That statement is wrong on so many levels.

@3sqt - Doug is that you?

PpjPpCF-1uqv; Typical entitled everybody gets a trophy Millennial... Trashing our hard working Cart Pushers in our stores because you consider them to be beneath you. Let me tell you that they have more integrity in one day of work than you will in your entire career!

You're correct i didnt gain my undergraduate in Economics or Finance. I went for Business Administration inspired by a great Entrepreneur - Sam Walton. It wasn't until later that i worked to earn my Masters in Finance from Cornell. And only recently that I earned my JD in Business Law from Brown. But what do i know? A simple education and 40 years of Retail Experience. Although i do teach a class in Economics class at at small private institution in Virgina. You might have heard of it.

However, my first job when i was 16 years old was when Walmart started opening Stores on the East Coast. I started as a Cart Pusher and very proud of every step i took pushing empty carts back in to the stores so our Customers could fill them up again and keep me gainfully employed as i worked my butt off to pay for College. It started me on the path to work my way up after college into the management program and a great career with a once great Company.

When i am sourcing information on Stock i like to stay a little more current that June. Look at your Apple Watch Sport... It's September and the Waltons have been busy. And for the record, i didnt Say ML owned more stock than the Waltons. Go back and read what i wrote. Use your pointer finger to guide you so that you don't miss words. I said that ML owns more stock than Rob W, Stuart W, and Greg Penner. To be clear, not more than the 3 combined. I know you need proof so here is data from today, September 25th 2017.

And don't fret. It's Fall and Alumni day is coming up soon from the liberal college I's sure you attended. You'll be able to cuddle with puppies, blow bubbles, and color in coloring books so you can feel valued because you simply exist.

Major HoldersCurrency in USD

Breakdown

52.80% % of Shares Held by All Insider

30.65% % of Shares Held by Institutions

64.94% % of Float Held by Institutions

1,980 Number of Institutions Holding Shares

Direct Holders (Forms 3 and 4)

Name Shares Date Reported

WALTON JIM C 10,507,224 Aug 21, 2017

WALTON ALICE L 6,748,580 Aug 21, 2017

WALTON S ROBSON 3,344,956 Jun 22, 2017

LORE MARC E. 3,392,319 Sep 18, 2017

PENNER GREGORY BOYD 47,479 Jun 29, 2017

MCMILLON C DOUGLAS 939,716 Mar 9, 2017

DUKE MICHAEL T 473,227 Nov 23, 2015

HOLLEY CHARLES M 272,297 Jan 30, 2016

ASHE NEIL 254,377 Jan 27, 2017

WALTON STEUART L 242,189 Jun 29, 2017

They sold less than 1pct of what they own. I don't think this is worth causing a stir.

Take a look at the 2017 WMT Proxy Statement. It outlines the numbers of shares that named executive officers hold. ML does not own more shares than the Walton family. It is true that he holds more shares than the CEO.

I'm not defending the merits of keeping or dumping your stock, but the information said above about ML owning more WM stock than RW is false. Go check the NASDAQ insider trades listing or google Walmart SEC Form 4 trades. It's not secret information. I don't have a dog in this fight, but I don't like false information being spread.

PpjPpCF-1uqv. just wondering where your degree in economics/finance came from. so quick to belittle others opinions but yet you aren’t bright enough to have one. keep pushing the carts

Oh look everybody. Corporate affairs and HR are joining in on the conversation. You're the fool if you don't recognize the fact that Marc Lore has more stock than Rob Walton, Stuart Walton, or Greg Penner. I worked for Walmart when it was a great company for 30 years and i was probably buying and selling stock when you were playing in your sandbox so don't lecture me about how to make money off of Walmart Stock. Go back to your pod in Corporate Affairs. I'm sure you have plenty to keep you busy.

@bde - Get your head out of your backside. Only a fool makes a statement like this. You've been reading too many Nibiru stories.

@1jkl - Did you finish High School? You and PpCF should get together.

@PpCF - What a load of crap. Your ignorance is profound, People sell stock to make a profit. And if you knew anything about 401k, you would know how absurd and ignorant your comment is.

@dbe. sorry guy but you don't have a crystal ball and neither do the waltons. They just know their poorly run jacked up company is changing and not for the best. they are way too far behind in technology as a starter. Dumping assocs in the HO and long term in clubs and stores will not save them in the end. Their collapse will be their fault not war, ha ha The war is at the board room table. Waltons screwed the pooch yrs ago now it's coming to bite where it hurts. Their portfolios. everyone of those a holes should live like a regular person for a week. the doom and gloom is created at the top level of the WM chain

@dbe Evidence? Sources?

October will be the last month of peace and prosperity for the world, if we even make it through October. They aren't dumping their stock due to Wal Mart concerns, they're dumping it because they know what's about to happen in the world.

War, collapse, the sum of all fears.

Mock if you like, you won't be mocking in a few months.