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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (168131)2/4/2021 7:36:51 PM
From: TobagoJack2 Recommendations

Recommended By
ggersh
marcher

  Read Replies (1) | Respond to of 219738
 
Narrative changing, as either the truth comes out or something

In any case the Reddit Army / WSB folks surely infiltrated, as all color revolution, and manipulated

Or Christmas 2021 arrived early for some folks
zerohedge.com

KOSS, AMC Insiders Dumped Millions Of Shares Into Reddit-Raid-Rally

As the Reddit Raid rally fades, there are winners and losers on either side of the various trades placed. However, there are some that did very well - the heavily-shorted-company's executives!

Silver Lake Group dumped over 33million AMC shares into the ramp...



Source: Bloomberg

And various executives at KOSS (John Koss, Michael Koss, David Smith, and Lillie Lenore) dumped around $24 million of shares into the ramp...



Source: Bloomberg

Perhaps the greatest irony is that the value of the shares dumped by the KOSS insiders exceeded the company's market-cap before the chaos began.

On the other side, we are sure these GME insiders are kicking themselves for not holding just a couple more days...



Source: Bloomberg

All of which means, the trend of insider-selling into record highs and re-emerging buybacks is set to rise...



Not exactly confidence-inspiring!?

Clearly, the message from the C-Suite, much like that of so many officials across the nation during COVID lockdowns, is "do as I say, not as I do." Just keep buying my stock while I sell it...

Are America's corporate executives worried about socialism... taxes... and the 'eat the rich' mentality that is coming? Perhaps it's time to do as they do too?