RE:RE:Insiders now sellingYep, what do I know. These dumping phase always works the same way with every company. Did I not call this 100% like every thing else. How convenient, they hid the dumping NR under another rosy NR. Lol. Viola, look who is dumping now, the big man himself, 7 million + shares under the guise of estate planning. Lololol. Lets be clear, I have said there is nothing wrong with insiders selling. They would be idiots not to cash out, they all got these shares for free and under $0.50 cents. Still a 5 fold return. After they are done dumping, they will just issue themselves more shares and options down the road at much lower prices. This is just how it works with every company. Not one person have put a negtive spin on them selling, it is only the promoters that are up in arms. Like I said, they are paid to promote all day, they can not have anyone selling. Their job is to convince you to buy and hold on forever. The dumping have started exactly like I predicted, with current markets condition and more rate hikes. Their selling should take this down to the $2 - $2.50 range easily. Once again, just my opinion. Just sharing my experience, I really hope some of you learned a few things here and hopefully it will help you in the future. Cheers.
https://www.theglobeandmail.com/investing/markets/stocks/WELL-T/insiders/
https://m.canadianinsider.com/company?ticker=well
BudFoxx2020 - (6/28/2022 7:48:33 PM) BudFoxx2020 wrote: Oh to be an Insider. It's funny you never hear anything from the promoters when the Insiders are dumping. When the company bought 50k shares, they brought out the PR pump machine. Lololol. Anyways, pay attention and follow the money. Insiders have been dumping this whole year. However, pay attention to how much options and rights they have exercised in the month of June. Good old John Kim kicked off the party already by dumping all his. Yikes. Right after the Inliv announcement, how convenient. Insider selling never a good sign and that amount is sold by one insider. The rest will follow soon, no one wants to be the last sucker to cash out their almost free option and rights. I said the same thing when it was happening in the MJ sector, especially Tilray when all the insiders were cashing out. Look how that turned out. Promoters were trying their best to call me a bashers there too. Now look at Tilray. 95% haircut. Just wait for more fluff NR and watch them dump. Anyways, What do I know? I only predicted the top and the price collapse of Well and the whole markets. Lolol. Cheers.
BudFoxx2020 - (6/28/2022 7:48:33 PM)