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What else would you expect? The CEO took his money when the stock hit ~100 [1]. He didn't even wait for the lockup period to expire. The suckers left holding th
by 1024core 10y ago
What else would you expect? The CEO took his money when the stock hit ~100 [1]. He didn't even wait for the lockup period to expire. The suckers left holding the stock have ridden it to the bottom, expecting it to takeoff any moment now... but if the CEO thought it would reach ~100, wouldn't he have waited?
[1] http://money.cnn.com/2014/10/02/investing/gopro-charity-shares/ http://money.cnn.com/2014/10/02/investing/gopro-charity-shar...