What do you think?

  • roscoe@lemmy.dbzer0.com
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    9 months ago

    Are his shares restricted? The way I understand it, usually insiders aren’t allowed to sell until some time after the IPO.

    • haui@lemmy.giftedmc.com
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      9 months ago

      He already sold over 500.000 shares, same as his CFO iirc. Classic pump and dump. Reddit is 25% down, below initial value. From an article I read today.

      • dubyakay
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        9 months ago

        He still kept majority of his shares. Like the previous poster said he can’t sell more or SEC will grab him by his tiny balls.