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Re: iRobot post# 38690

Friday, 06/17/2022 9:19:08 AM

Friday, June 17, 2022 9:19:08 AM

Post# of 44089
Insiders cannot sell until AFTER they are fully reporting AND only after a one year hold from that date and THEN at a maximum rate of 1.5% of shares outstanding.

According to the filings and SEC regulations.

Please do your own due diligence and read for yourself. Not here to hold hands.

As for CUBT specifically-- there is a macro challenge--investors scared and raising cash. Especially those investors who have margin balances. IF you get a margin call, you have to send in more capital to keep all you stock holdings...

OR...you have to sell 3 times your margined equities to meet the call...

OR...you can sell stock in your cash account for the actual amount of the margin call. CUBT and all other non-marginable stocks are held in the cash account.

So if you do not have or do not want to send in cash--and you do not want to sell 3x of stock of your holdings in your margin account, you sell the microcaps.

As always---this scenario does not go on forever--but it can partially explain why someone would sell CUBT down here. It buys time for the market to stablize. And if you want to get back in after 30 days and book the loss, you are back in CUBT (albeit maybe at a higher price, but the crisis may have passed for your overall account.)

Hope this helps.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.