Now I know why Nvidia had that big dip early in the day.. Jenson Huang himself sold 23K worth of shares to cash out
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I ain’t any guru… i follow technicals and trend line of the market
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OceansWaveOP : Oops it’s 230K worth of Nvidia stocks…
10419381 : 237,500 shares
Make it Big : it is 237.5k worth of stocks. not 23 k.
Make it Big 103949872: He has the right to sell the underlying stocks and he exercised the rights and sold the stocks. what is the difference?
OceansWaveOP Make it Big: Technically saying, it’s expected that he will cash out sooner or later.. it’s his money and he can do what he wants.. it’s just like us traders.. we can also choose to sell or hold to take profit..
My main point for this post is that i finally understand why it dropped so much at the start of the market..