RE:RE:RE:Why IS LSPD not a buy from may sitesDax sold nothing - CEO is not flinching. He is steering the boat!
I did see that the CFO sold off $5million after the rebound from June to July. Why? I dont know. Maybe even he, like many, did not truly know where the world was heading in relation to COVID and played it safe by selling off and keeping his $5 million under his bed. Moreover, everyone is human. They just seen the stock drop to $10, their $7 million dwindle to $2 million. A lot can be psychological, not per say rational. Often stocks move in irrational manners (hence LSPD going to $10). Stock has doubled since they sold - 3 acquisitions too!