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So insider trading is causing 26% short interest?
by whatok 9y ago
So insider trading is causing 26% short interest?
- ThrustVectoring 9y agoNo, and I don't think I claimed it did? Mostly just that back-channel shorting would be extraordinarily tempting while subject to a lock-up. That, and you can't really keep employees from saying that they plan on selling stock when their lock-up expires, and you can't keep the lock-up period under wraps, so the market will try to estimate the size of the impending sell-off and get in front of it with short positions.