$Tesla (TSLA.US)$ CFO sold shares prior to ER…. what is the ...
$Tesla(TSLA.US$ CFO sold shares prior to ER…. what is the significance? we should tread carefully ![]()
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THEWIZARD : That was a pre planned sale from September.
It was not timed to the current market conditions.
GM 1OP THEWIZARD: But it’s right before the ER… if the shares can fetch a better price after ER, why sell it right before ER? they don’t have obligations to fulfil like Musk…
GM 1OP : Of course anything below 900 seems like an excellent buy
THEWIZARD GM 1OP: He has too. It was a planned sale since May 2020.
Stop scaring yourself.
生生世世生生世世 : just buy your gm
GM 1OP THEWIZARD: Lol
WebPsycho THEWIZARD: While this may not be true 100 percent but statically cfo selling prior to earnings results in big drop 80 percent of the times. Having said that I believe the CFO of tsla sells X number of fixed shares every month and you can see those filings. In that case it doesn’t matter and from what i remember it’s very small fraction of shares.
THEWIZARD WebPsycho: Whatever, my friend, no time to argue.
Thank you.
GM 1OP WebPsycho: They sell it at a much lower price..perhaps They didn’t foresee that the shares will skyrocket beyond its intrinsic value. maybe can use their pricing as a reference
THEWIZARD : My friend,
Happy New Year!
