CTO Gu Paul has reduced his holdings of the company by 136,400 shares since January 2, 2024, with a total value of about US$4.344,600
$Upstart(UPST.US$The CTO is about to run away. An outright fake Al company. trash!
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24854193OP : Since January 2, 2024, CTO Gu Paul has reduced his holdings in the company by a total of 136,400 shares with a total value of approximately $4,344,600
顺风 24854193OP: I keep buying and I'm confident in his business model.
The landscape economy is currently not good for him. As long as interest rates are cut, his earnings will gradually improve
24854193OP 顺风: Most fatally, his algorithm failed. Low-level AI algorithms don't have any moats; banks themselves can implement them.
24854193OP 顺风: The core theory and values of this company's existence have been disrupted!
103885695 24854193OP: So everything you opined on is based on the CTO liquidating his shares? Can’t it be because the CTO needs an urgent liquidity at the moment?
顺风 24854193OP: Will you be shorting a lot then?
I keep buying, after all, the business model and future trends.
My personal opinion is that it is only a matter of time before interest rates are cut.
赤備隊長 24854193OP: The main impact is interest and the performance of banks and credit unions. The financial environment is currently very poor, so this kind of loan doesn't work. If interest rates are not cut this year, it is estimated that it will drop to around 10.