illumin Holdings Inc T.ILLM

Big Insiders selling

[RusticHit]

Insiders selling like no Tomm.  this is going under 10  at this rate ,,,i will wait for 12 to see if holds there ,,,,,,,,,,,,,as always

[Torontojay]

What if it never reaches $12, then what do you do? You will either have to buy it higher or you might miss out on an excellent long term play.  I can totally understand waiting until we reach an rsi indicator under 30 before adding to the position but hoping it might get to $12 is just as much a gamble. There are a number of technical indicators that one may use but for me I just tend to

[Hoptimist]

Insider ownership is still at 21%. With the stock up so much in the past year, a little selling is justified.