CEO Jeffrey Gennette paid $109,785 on May 16 for 5,000 Macy’s shares, an average per-share price of $21.96. Gennette now owns 104,053 Macy’s shares in his personal account and an additional 3,828 shares through a 401(k) plan, according to a form he filed with the Securities and Exchange
1 reply
NO...! The CEO and a handful of top brass are day trading the stock selling high and buying low intentionally to make big profits off of the market.
Need proof - https://www.reuters.com/finance/stocks/insider-trading/M.N
Look at the buys and sells of each executive, director, cfo, and ceo for Macys.
They are not stupid and are intentionally driving the market stock prices up and down so they can short sell and buy back cheaper and re-sale almost daily.
They are used car salesmen playing us and the shareholders so they can gain more for themselves, they have no interest in you or the company. Its painfully obvious.