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Monday, April 03, 2023 11:39:36 AM
Lol just kidding.
Or on the other hand, maybe it’s not reacting because it wasn’t even put in a press release. But if it’s a signed deal as it looks to be, they are legally obligated to file with the SEC. That being said, many CEOs would have press released this in hopes of goosing the share price short term. But money talks so waiting to see if they get that first $3 million is probably a good idea.
Also, I assume your friend did not buy shares too much higher than the current price. Therefore, he could probably sell them at his original price sometime in the near future.
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