this post was submitted on 28 Mar 2024
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Reddit Insiders Selling Days After IPO; Shares Fall (www.investors.com)
submitted 4 months ago by [email protected] to c/[email protected]
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[–] [email protected] 6 points 4 months ago* (last edited 4 months ago)

it's not normal.. if the Prez thought it was a good company, he would hold onto his shares because he expected them to go much higher.. if they were using the capital generated by the IPO to actually improve the business.. but they aren't doing that.. they are cashing out and saying fuck you..