RE:PPP keeps selling again his shares after the stock pumped.Exbomertrainair wrote: He is selling shares of 10% Security Holder of Issuer. Now the number of his shares down to 2.4 millions. Pls tell me any idea for this selling?
He's bailing, plain and simple.
He's selling as much as he can as fast as he can.
50,000 shares on Wednesday is apparently literally "as much as he can on any given day".
I only say that because of the fact that the trust has never once sold more than 50,000 in one day, which it has done many many times.
He's been the biggest seller in the open market for well over one year now.
Don't give it a second thought though.
The pumpers here all say it's meaningless.
Right!