It was just sold without too much rhyme or reason because it was share based compensation on Fab Universal- Zacks gave it a $10 target around the same time and then Jim Rogers an astute investor was buying it up in the mid 4's not long after management sold share based compensation.
I'm not a huge fan of large share based compensation- but they kept the company cash heavy for growth and acquisitions- and I'm not a buyer on that one- it will likely calm down- but I am a buyer on FUTU and its structured differently
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