CEO Reinvesting SharesI'm not bashing, I've been holding my position through the run, and through this fall. I've contacted the company directly and received the same email that was posted here, I've replied asking for more info and the followup is yet to arrive.
However, I'm very curious what the point of the CEO selling off shares would be, if they intend to buy them back later? Am I misunderstanding, and the CEO invests their newly acquired personal money directly into the company, not in the form of shares? This feels very odd, and honestly, it's discomforting to have a chastizing tone accompanying a response to an investor's well founded concerns.
Today's NR is promising. The company does seem to have a good trajectory, and as such, I'm holding. But it's also hard not to feel weird about this present situation;