Al Gore has sold more than $37 million worth of Apple stock in February

Source: http://www.cnbc.com/2017/02/24/al-gore-sells-apple-stock.html?__source=yahoo%7Cfinance%7Cheadline%7Cheadline%7Cstory&par=yahoo&doc=104304461&yptr=yahoo
Published: Feb 25, 2017
Author: Matt Rosoff
Post Date: 2017-02-25 18:24:42 by Justified
Views: 2288

Former U.S. vice president and Apple board member Al Gore sold about half his holdings in Apple stock on Wednesday, garnering more than $29 million.

According to an SEC filing, Gore sold 215,437 shares on Wednesday, leaving him with 230,137 shares remaining.

Earlier in the month, he exercised the right to buy 70,000 shares at just over $13 per share, then sold them at market prices, garnering a gain of about $8 million. That means he's sold more than $37.5 million worth of shares this month.

Apple shares hit an all-time high of $134.54 earlier this month.

Gore joined Apple's board of directors in 2003, and has received periodic stock grants, according to SEC filings dating back to 2007. Those filings show no other major sales of stock from Gore.

Gore is running for re-election to Apple's board at next Tuesday's shareholder's meeting, according to Apple's 2017 proxy statement. No changes are expected there.

Apple had no comment on the stock sale.

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#1: sneakypete    To: Justified (#0)

You have to wonder how a goober like Goober Gore ever got the money to buy a lot of Apple stock to start with. He sure as hell didn't earn it. I doubt he can tie his shoes without help. He may even be dumber than Sheila Jackson Lee,which means he can't be trusted to not drown if left alone to walk in the rain.

sneakypete posted on 2017-02-25 19:40:02   Reply   Private Reply

#2: Tooconservative    To: sneakypete (#1)

You have to wonder how a goober like Goober Gore ever got the money to buy a lot of Apple stock to start with.

They just gave it to him. And put him on their board which is a very well-paid position for a no-show job.

Corrupt much?

Tooconservative posted on 2017-02-25 20:14:13   Reply   Private Reply

#3: sneakypete    To: Tooconservative (#2)

They just gave it to him. And put him on their board which is a very well-paid position for a no-show job.

Corrupt much?

What,you mean they don't hang on to his every word and ask him his opinion about product developments?

After all,after he has spent all that time and money to fly to board meetings in his private jet and to have his bodyguards and armored car flown in another jet,the least they could do would be to ask his opinion,right?

sneakypete posted on 2017-02-25 21:11:22   Reply   Private Reply

#4: Tooconservative    To: sneakypete (#3)

What,you mean they don't hang on to his every word and ask him his opinion about product developments?

It was because OwlGore had always been a big booster of Apple products, even in their bad years in the late Nineties. And he wuz robbed of the presidency. And he was a visionary global hotting activist who created the leading piece of propaganda that the hottists deployed worldwide in the schools.

So Apple made him independently wealthy. After all, he only made a million of his Nobel prize.

Tooconservative posted on 2017-02-25 21:18:26   Reply   Private Reply

#5: BobCeleste    To: Justified (#0)

gore, like many, including the Rothschild's are getting rid of things made of paper and buying physical Gold and Silver in anticipation of march 20, 2017.

gore, clinton, soros and their ilk think their wealth will save them from the upcoming spring.

It won't.

BobCeleste posted on 2017-02-26 08:14:55   Reply   Private Reply