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From: Knockdownking (Rep: 0)Date: 2020-02-04 16:30:04
Forum: Casual Lounge - Thread #674121149Msg #831 - Part 1/2 (Rec: 0)
I wanted to know if I should be worried about a Biotech stock that has been touted with expected big gains this year, while the CEO sold 1.8 million worth of stock over the last 3 months and it is making my head scratchier.. He owns 27 million now.

NOTE: This message was originally posted on 2020-02-04 16:23:07 by the Knockdownking.

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From: rmlinden (Rep: 357) reply to KnockdownkingDate: 2020-04-10 09:07:56
Forum: Casual Lounge - Thread #674121149Msg #843 - Part 2/2 (Rec: 0)

Were it stock options?
Were it his own shared bought from the open market?
Also if the stock spiked a lot, then it might be a hint that he feels that the price will fall and not get to that point.
But it might also be him buying a fat house or something.

In general selling is not good, but not also bad bad.

Look at AM insider selling for one, he sold millions of shared while they have a high dividend , will they cut?

Sent from my IPhone


There seems to be an inverse relationship between market movement and stupidity in forum messages.



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Reply to Knockdownking - Msg #831 - 02/04/2020 16:30
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