A lot of confusion! Please read the previous messages, then you'd know what we've been talking about this morning.
1. The CFO is NOT selling now at these "lower" prices.
2. Post #8316 "It's a proposed sale and perhaps he had to file it as part of SEC requirements. And there is nothing to say he will sell them all."
3. Post #8316 The CFO "has just purchased a bunch of shares. Perhaps he's expecting a SHORT SQUEEZE and is planning to cash half of his shares. If 35-45MM of shares we'll get squeezed, the stock may go to $12-$25 pps. I wouldn't blame him, I would take a profit as well and then buy back. lol"
The short squeeze doesn't last for a long time and the volume should be in the millions. If this will happen, I hope I would be able to figure out when it is reaching the pick. I would be watching the total volume. It may take 4-5 days to unwind.
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"Can anyone explain how the CFO selling at the current "lower" price is more advantageous than selling after the surge at a higher price?"
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