Key to survival in the stock market is invariably choice-making.
Prosperity comes to those capable of identifying the most important bits of information which knit together in such a way as to draw clear paths towards increasing wealth potentiality.
Discussion of DR. Perry's decision to sell shares strikes me as inappropriate. It had to have been his decision. He made it. I fail to see that he is obligated in any way to hold onto every share he holds. He owes me nothing. And I certainly don't interpret his selling shares as detrimental to the company. Part of the doctor's compensation is tied into the receipt of shares. He has expenses too, same as the rest of us. I sold 2,500 shares of RCEL myself this week. Does that make me disloyal? And I repurchased all but 900 of those shares, does that make me smarter? Stupider?
Truth be told, I needed to raise money to support another key holding. I also wished to drop my RCEL cost basis. I accomplished both end points and never tapped into my core position of Avita, only my trading share allotment.
Every week I record Friday's closing numbers for key portfolio holdings and note herein that over the past trading week Avita/RCEL gained $2.48 per share. Translation: Shares gained 9.4%. For me it's a gain of $41,000.
I do not believe that disclosure of our CEO's sale of shares compromises my portfolio health. And I refuse to become swept up in such micromanagerial tactics that surely will not advance any meaningful thesis whatsoever.
Let's face it, folks---we are doing incredibly well! The reverse split has obviously opened the doors to institutional concerns formerly prohibited from such due to bylaw restrictions of theirs. This must explain part of the surging trading volumetrics we are now witnessing.
I can only think that people complaining about the good doctor must be dissatisfied with their own portfolio progress or lack thereof and wish to blame another.
Different strokes for different blokes, they say.....
