pull down to refresh
131 sats \ 1 reply \ @kurszusz 9 Jun \ on: Fold (FLD) CEO banks $25M in FLD stock (5.5 M Shares) Stacker_Stocks
It's certain that if he starts selling in large quantities, it could be a signal to everyone. However, if everyone starts selling as a result, demand stagnates, while supply grows exponentially, then a domino effect will develop...and it's possible that he could become a "Luna 2.0".
Well...I think he's currently taking out a mortgage against his shares (guaranteed by the shares), so not only he, but the lender has a lot to lose :)
Great points
reply