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If anyone is interested, here's a chart of Nikola insider stock trades graphed alongside the price of $NKLA: https://www.quiverquant.com/insiders/NKLA https://w

• lend000 4y ago
  Nice demonstration of how insiders don't know shit about longer term price movements of their own stock, especially when driven by the macro environment. The only way insiders could theoretically make money using an unfair edge is trading intraday earnings releases with leverage (which only a few people are in a position to know about, and which the SEC is very good at detecting nowadays).
  • shapefrog 4y ago
    > Nice demonstration of how insiders don't know shit about longer term price movements of their own stock if insiders done know shit about their own stock - what chance does twitter investing newsletter writter have > especially when driven by the macro environment The headwind / tailwind of the macro environment is really the biggest factor - this should be the #1 lesson for anyone investing anything.
  • paulpauper 4y ago
    Insiders will buy a little stock to make a much larger position go up in value (paper wealth) due to positive press and as a gesture of confidence. And then sell the inflated stock or borrow against it later. Or hedge it
    • chollida1 4y ago
      How are you assuming insiders hedge their stock?