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> “If the prospects are so bright, why are insiders selling?” Silverman added. Concentration risk is a pretty simple explanation. If you had $50 million in cas
by koolba 3y ago
> “If the prospects are so bright, why are insiders selling?” Silverman added.
Concentration risk is a pretty simple explanation. If you had $50 million in cash you surely wouldn’t drop every last dime into a company that hasn’t posted a profit (both nominally or by any reasonable accounting measure) in nearly 20 years?
The game all along was to dump as much as possible, as fast as possible. I’m impressed they finally pulled it off.