Soros’ latest investment dump could have something to do with politics. Fox News reports:
Billionaire George Soros’ investment management firm has saved millions after completely selling off its shares of Facebook and slashing its stakes in Netflix and Goldman Sachs just before the stocks nosedived, a report said Wednesday.
Soros Management Fund saved $17.7 million in the fourth quarter by dumping the three stocks, Barron’s reported.
Goldman tumbled 15 percent in the fourth-quarter, while streaming-content giant Netflix plunged 29 percent since the end of September, according to Barron’s. Facebook has fallen 20 percent in the fourth quarter, hitting an intraday low of $126.85 on Tuesday.
The firm’s stake in Goldman shrunk from 64,814 shares at the end of June, to 28,206 at the end of September, according to Barron’s. Goldman Sachs’ stock began its tumble earlier this month when the Justice Department revealed charges against two former employees for issuing bonds from 1Malaysia Development Bhd.
Following Facebook’s fight with Soros, this could be at the core of the decision.
MAKES ON WONDER IF HE HAS A INSIDER THAT IS TELLING HIM WHEN TO DROP THE COMPANY BECAUSE THEY ARE GOING DOWN. HE HAS DONE THIS A NUMBER OF TIMES THAT I REMEMBER. DOES THE DROP A DAY BEFORE IT GOES TO 0. TRUST SOROS YOU HAVE TO BE KIDDING.
Agreed!
Maybe Trump can schedule a meeting with Soros on the same day he meets with Putin. A few well placed Spetznaz could “gently” whisk him away once he’s left the Whitehouse to one of the countries where he’s wanted, like Hungary.
All roads on the side of evil seem to lead back to Soros. It’s interesting how Soros owned so much stock in so many companies that I hate. Shows that hateful birds of a feather do, in fact, flock together. Soros supports the Democratic Party, Goldman Sachs, Facebook and Netflix. I hope they all go down.
Please, if you haven’t already read the “Open Borders Foundation’s” goals, take a big spoon of Pepto-Bismol and do. Soros founded the foundation back in 1985, and has since poured almost $40 Billion into it. Now that I read this what is going on is very clear. The “Elite Billionaires” plan on ruling the world, Soros has outdone Hitler by taking over all of Europe without firing a shot! Belgium is now the Capitol, and Soros “New World Order” people are in charge.
George Soros lives next door to the clintons. Putin has a 25 million dollar reward on his head. Must be a hard fellow to get to.
There are TOO many Officials Internationally to LOVE to GET SOROS HEAD OF …including the surviving family members of those Hungarian JEWS he robbed while corroborating with NAZI, the Israelis, etc….Unfortunately his Sons are continuing SOROS Black deed against our country and others …The entire Clan of those REVOLTING PUKES should be ERDICATED from this earth!!!!
So good to find someone that knows what has happened and is now going on!
It is a pickle. No doubt about it. Soros bailing first on Facebook, and now setting things up so Bezos can buy up what he needs for cheap. With Dumbarbie Ocasio-Cortez in Bezos pocket working for Amazon Flex wages and waiting to live in the house of representatives as if it’s a college dorm. What a deal.
Meanwhile, the Turing award goes to the largest cryptominer.
Now, can anyone else guess why the FBI owned most of Bitcoin?
I’m not asking anyone to think like me. Just make up your own mind about what you can prove for yourself.
Good for each other. They both Would pimp their mothers for a dime.
This a Pump and dump scam. Soros is using other people’s money as a weapon.
Soros has made serious mistakes in his checkered past. I remember when he invested serious money from his own account in a working interest of a Central American deep offshore oil drilling exploration. Shortly thereafter, Saudi Arabia’s Aramco decided to glut the crude oil market to fight US shale oil competition. The offshore well site was abandoned. The government-owned company also was hit with corruption charges of its senior execs. He effectively lost his entire investment. Ergo, he wins some and loses some.
A book written several years ago entitled “Liberals: Do As I Say, Not As I Do” dedicated an entire chapter to Soros and how he makes his money bankrupting countries by hedging against them and then getting policies enacted that will bankrupt those countries! His ultimate “prize” is to bankrupt America.
Soros is wanted in thirteen other countries for doing the same thing he’s doing in ours….one of those countries is Russia and they want him so they can execute him ! ! ! ! ! I’m not sure he’s even a citizen of this country or is here to keep from being executed in the their countries ? ? ? This Jewish, Hungarian born was a member of the Hitler Youth when he was a child….he turned his parents and many other people in to the Nazis in exchange for not being sent to the concentration camps with his relatives….real nice P.O.S. ! ! ! ! ! For his crimes against this country, he (and his sons) need to be stripped of their wealth then tried, convicted of “SEDITION, TREASON AND MAYBE MURDER” and “PUBLICLY HANGED” ! ! ! ! Use his wealth to pay on the “NATIONAL DEBT” ! ! ! ! ! !
that JEW NAZI should have been taken OUT YEARS AGO, i wonder WHO IS PROTECTING HIS RAT ASS?
His money protects him. He funds the campaigns of various politicians – enough to keep him protected. However, his protection shall end when he confronts Almighty God!!
James 5 (Warning to Rich Oppressors)
1 Now listen, you rich people, weep and wail because of the misery that is coming on you. 2 Your wealth has rotted, and moths have eaten your clothes. 3 Your gold and silver are corroded. Their corrosion will testify against you and eat your flesh like fire. You have hoarded wealth in the last days. 4 Look! The wages you failed to pay the workers who mowed your fields are crying out against you. The cries of the harvesters have reached the ears of the Lord Almighty. 5 You have lived on earth in luxury and self-indulgence. You have fattened yourselves in the day of slaughter. 6 You have condemned and murdered the innocent one, who was not opposing you.
Well, for one, read about where Chelsea Clinton’s wedding was held. And who she is married to. Maybe then you will know?
I’ve read he is a U.S. citizen. I’d like to see his citizenship revoked, and him extradited to Russia! Soros “Broke the Bank of England” back in the 1970’s. That is when the British Pound was replaced by the U.S. Dollar as the international currency. Soros made lots of money then buying and selling the two currencies!
See if you can find any history of what this did to England at the time? From what I read it was worse than our “Great Depression” in the 1930’s?
Without a DOUBT…and not only bankrupt but by subsidizing the caravans of INVADERS of scum from all over the world actually completely destroying our country!
He should be brought on charges and the entire filthy clan DEPORTED to his HUNGARY …Unfortunately too many of our treasonous politicians ..including the likes of supposedly “conservative” Rubio are in SOROS pocket… We have way too many political scum whose ALLEGENCE is to the MIGHTY dollar ONLY!!!
Chelsea Clinton is married into the Soros clan, and she has publicly stated she agrees with the “New World Orders” plans. Like “No Governments”, “No Religions”, and “No Borders”! The “Elite Billionaires” would then rule the world.
If Soros is doing something illegal, then arrest and try him. Market manipulation, or dumping shares, of and in themselves,might not be illegal.
Market manipulation is illegal in the United States under both securities and antitrust laws.
Soros has a history of this…its how he makes his money….he dunps stock at a high price causing the stock to drop…he got his money and could care less how many people do broke. He did this all over the world and several countries want to jail him for this
He sold the British pound short and then started a rumor that the pound was going to crash. this caused a sell-off of the pound and its value plummeted.
He then covered his short sale with devalued pounds, making millions in the process.
This scam nearly broke the Bank of England where he is no longer welcome.
GEORGE SOROS is trying to BANKRUPT FACEBOOK AND NETFLIX BECAUSE OF OBAMA. HE IS SCUM…
Sounds like insider trading.
EVERY TIME I HEAR OF A POLITICAL APPOINTMENT WITH THE NAME FOLLOWED BY THE WORDS FORMER GOLDMAN SACHS EMPLOYEE I SHUDDER. REMEMBER THE PRIDE OF DEMOCRAT COMMUNISM. JOHN CORZINE THE GOVERNOR OF NEW JERSEY THE GOLDEN FLEECE STATE. AFTER SACKING THE GOVERNMENT IN DC, HE OPENED UP A BIG TRADING /INVESTMENT FIRM. A FEW YEARS LATER IT WAS BROKE. WHEN ASKED WHAT HE DID WITH THE MONEY? HE RESPONDED LIKE A BLACK JACK DEALER SHOWING NO HIDDEN CARDS. MONEY ALL GONE. TRUMP IS THE MESSIAH . BACK HIM OR LEARN TO LIVE LIKE A PEASANT. DEMOCRATS COMMUNISTS LOVE PEASANTS. THEY ARE SO EXPENDABLE AND THEY WORK FOR FREE.
SPIRIT OF AMERICA PARTY RADIO SHOW. ON YOU TUBE ABUTOM
Abutom, I agree with you 100%!! George Soros is a mean powerful man without a heart and this article should be a wake up notice to all the “believers/voters” that the democrats are not their friends or party. Democrats are owned and paid for by George Soros. He only cares about billionaires that can help him ruin our country and take away our freedoms. The voters are expendable because if George Soros gets his way, we will never have another reason to vote.