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So he sells a bunch of shares right before the announcement that is likely going to tank their stock price
We should come up with a name for such an act
We should make it illegal too!
He already knew a long time ago that this ship is sinking… What a pity, time to learn Godot.
Not defending the CEO, but selling 2k shares mean nothing for a CEO. I believe this would be a small percentage of his bonus.
This move is part of a larger trend for the insider, who over the past year has sold a total of 50,610 shares and purchased none.
Nothing suspicious about that.