Post by
Proselenes on Dec 23, 2020 2:04am
Explains the recent weakness.....Options taken and sold.....
Looks like they took their Christmas bonus.......... cannot blame them, locking in the profit in 2020 before year end.
They deserve it.
Comment by
Utkant123 on Dec 23, 2020 3:40am
It could be a requirement for them to sell if they were in an insider information position at the moment. If they held on to the shares it wiuld classify as a insider buy and that would be illegal if they had inside information not known to the market. But also if the options expire they had to exercise... Therefore exercise and sell as a requirement to not be in an awkward position...