Inside Joke?
$Palantir(PLTR.US$ Just as I begin to believe that PLTR is back on the road to its next big rally-the officers of the company - let me in on the joke of my ill-advised hope. I pray I am wrong, that the street knows more than the people that run the company- that is yet to be determined. The only plausible rationale for the massive dumping of millions of dollars worth of PLTR stock, by the CEO and other officers within the company is that they simply own too much stock and need to diversify their risk.
It just doesnt ever sit nicely when you are close to repoorting your earnings- and instead of holding off - they sell hundreds of thousands of shares.
Please, someone help me here - am I reading to much into this?
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Series 7&66, Trading Floor-13 years. Survived dot.com bubble, 9/11, Enron Accting, Gr8 Recession Now here to help.
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