Replies to post #7799 on Charlotte's Web Holdings Inc (CWBHF)

[jgusciora]

Yes they realized, but I feel it was a knowingly short term blip in the growth story. The sale of these insider shares gave the sellers life changing money. Till sold, the stock that they had wasn't liquid and couldn't afford them a lifestyle accustom to the value of the company they built.

I hold no grudges for these sales. They deserved to be rewarded for their efforts. And the way they timed it to close on the date the new CEO took over, leaves the new CEO untarnished in the episode.

From here on out it's the CEOs bus to drive. Those that wanted the payoff got it. Those that want to build both the company and personal wealth held their shares.

New CEO in...IPO wealth realized... Pure growth from here.

[Trulio_217]

Bingo. Plus, if you look at the trading since the deal was announced last week, we all had the opportunity to participate at the same price that the off-market buyers did. I took advantage and I hope a lot of you did, too. Longs are hurt by this deal.

Edit: *Longs are NOT hurt by this deal.

[ANIA77]

Yes, it is much better when insider selling is done in controlled environment by offering than dumping straight into market, especially as you said we don't have liquidity to do so with this small float..
As of $15 offering price.. my only reasonable explanation is that this was average pps when locked up period was expiring. Some of us was concerned how they would sell shares. I know I emailed IR with my concerns that there was no way they could just sell shares into the market.. that they should look into controlled way to do so... soo I'm wondering if they started to look for interested investors around that time and they offering current market pps.. which at that time was $15..