Mynor Garcia :
lol, anyone gonna help figure this out? Well, looks like a general stock sell off from a few employees. Didn't see any major names selling anything. So, I. assuming this down trend this week is due to the dilution of the stock value from the sudden influx of supply? I mean that sounds plausible don't it? So it looks like we'll be ok and it will pay off in the long run as they get bought up. I mean anyone else got anything?
MonkeyGee :
people look at insider selling as 100% negative. If the CFO owns 100m shares and he sells 10k. all that tells me is that the CfO just needed some extra cash for a hot date. On the serious side, I believe the selling is for tax purposes.
Mynor GarciaMonkeyGee:
Yes, exactly and the two main players in Rumble, Dan Bongino, and Chris Pavlasky or whatever they have said they ain't sellig and they aren't. It's like the janitor of a company selling stocks, they had quite a lot, but not enough for any controlling stake in the company. even if they worked together.
Mynor Garcia : How many is that now, 3?
Mynor Garcia : Yeah, that's like 3 or 4 now. I wonder what's going on? How much was the offer for TikTok? I wonder...
Mynor Garcia : lol, anyone gonna help figure this out?
Well, looks like a general stock sell off from a few employees.
Didn't see any major names selling anything.
So, I. assuming this down trend this week is due to the dilution of the stock value from the sudden influx of supply? I mean that sounds plausible don't it? So it looks like we'll be ok and it will pay off in the long run as they get bought up.
I mean anyone else got anything?
starr67 : think their done selling already, today was the last day for one of them. we should be heading back around 7$
Dash12 Mynor Garcia: It’s a good question this is suppose to be there Super Bowl year why sell off this early the year just started
MonkeyGee : people look at insider selling as 100% negative. If the CFO owns 100m shares and he sells 10k. all that tells me is that the CfO just needed some extra cash for a hot date. On the serious side, I believe the selling is for tax purposes.
Mynor Garcia MonkeyGee: Yes, exactly and the two main players in Rumble, Dan Bongino, and Chris Pavlasky or whatever they have said they ain't sellig and they aren't. It's like the janitor of a company selling stocks, they had quite a lot, but not enough for any controlling stake in the company. even if they worked together.
Mynor Garcia Mynor Garcia: Those are probably their pay checks from working for free or cheap to help build it up. it's not negative its positive
Mynor Garcia Mynor Garcia: @EZ_money @MonkeyGee
Mynor Garcia starr67: I don't know I expect it to go closer to 10, one guy sold 5% of the total shares.
View more comments...