InvestorsHub Logo

Omarabsu

06/30/21 2:44 PM

#5782 RE: multivalue #5781

These aren’t Fortune 500 C-Suiters or big Maddison ave hedge funds with 10mm plus salaries. Some of these sells are 100-200k, that’s a mass affluent person buying a vacation home or boat when the stock price allows them to. I honestly think too much is made from insider sells; in most cases it just complicates matters and it’s just folks supporting an expensive lifestyle. I say that knowing sometime it does provide insight, but most of the time it’s ‘noise’.

These recent sells just seem like investors harvesting some profits (small % change in ownership) and execs taki advantage of a 50% recent run up; if I was in their shoes I’d probably do the same.