10baggerbamm
:
when you see insider selling it's not a reason to panic most of the time their stock is granted to them at a cost basis of zero number one number two they have pre-arranged sales once or twice a year and he saw this with Nvidia in June everybody panicked old Jensen must know there's going to be a problem he sells every year.. then you have the fact that the majority of time statistically the timing of insider cells 6 months later has nothing to do with the stock price because most of the time the stocks are higher than when they sell. the better indicator is when insiders buy and I don't mean they exercise an option with the cost basis is zero but they're actually going out into the open market and acquiring shares that's really a best indicator where the Insiders are buying above and beyond their stock options that they have. this stock is just freaking stupid I mean I've just watched it go parabolic from $60 straight up I'm like the idiot on the side line at this rate it's going to go to $1,000 in a year and I'll just be the person on the sidewalk looking inside of the restaurant where everybody's eating their caviar and I'm picking up scraps on the street corner.. that's the only problem that I have is how do you justify buying it here when I watched it go up and had the inkling to buy it and I didn't pull the trigger I didn't step up to the plate and even buy a few shares. the saying is stocks that set new highs continuously set new highs so it's the exact opposite of a falling knife they just keep trending higher because people buy the breakouts people buy new highs and it keeps setting further highs
10baggerbamm : when you see insider selling it's not a reason to panic most of the time their stock is granted to them at a cost basis of zero number one number two they have pre-arranged sales once or twice a year and he saw this with Nvidia in June everybody panicked old Jensen must know there's going to be a problem he sells every year.. then you have the fact that the majority of time statistically the timing of insider cells 6 months later has nothing to do with the stock price because most of the time the stocks are higher than when they sell. the better indicator is when insiders buy and I don't mean they exercise an option with the cost basis is zero but they're actually going out into the open market and acquiring shares that's really a best indicator where the Insiders are buying above and beyond their stock options that they have. this stock is just freaking stupid I mean I've just watched it go parabolic from $60 straight up I'm like the idiot on the side line at this rate it's going to go to $1,000 in a year and I'll just be the person on the sidewalk looking inside of the restaurant where everybody's eating their caviar and I'm picking up scraps on the street corner.. that's the only problem that I have is how do you justify buying it here when I watched it go up and had the inkling to buy it and I didn't pull the trigger I didn't step up to the plate and even buy a few shares. the saying is stocks that set new highs continuously set new highs so it's the exact opposite of a falling knife they just keep trending higher because people buy the breakouts people buy new highs and it keeps setting further highs