The question is whether this indicates he was taking part in the boycott, not whether he was insider trading.
But ultimately I agree, the fact that there is a public boycott against them that looks like it has some legitimate legs is going to cause a lot of people to sell the stock, whether they agree with the boycott or not.
The question is whether this indicates he was taking part in the boycott, not whether he was insider trading.
But ultimately I agree, the fact that there is a public boycott against them that looks like it has some legitimate legs is going to cause a lot of people to sell the stock, whether they agree with the boycott or not.
Considering the furor started 4 months before he sold, I don’t think it matters if he was taking part in the boycott or not.
It doesn’t SOUND like he sold all his holdings in the stock either, just a partial amount that he diversified into a Nazi beer company. ;)
/jk. Coors is called “Nazi beer” because the founder was named “Adolph”.
https://www.snopes.com/fact-check/coors-and-nazis/