$SoundHound AI (SOUN.US)$ I really don't understand why thos...
I really don't understand why those CEO, COO directors keep selling their share to plumbing the share price.
if u want investors to have confidence on ur company, isn't u will push up the price instead of plumbing it?
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10baggerbamm : they did this last year in June and they tanked the stock from $5.25 to under two bucks.. they could give a rat's ass about shareholders all they care about is self enrichment they sell tens of millions of dollars of stock every single year.. and so you understand when they do that they're deluding the float they're diluting you the shareholder they have gone from 120 million to over 270 million shares in the float in one year with their acquisition and stock that was created from that deal they will be at 340 million shares and when they have their shelf offering it's going to put them 450 to 500 million shares in the float.. look at the other AI companies look at arm holdings look at the other companies that have been in the news look at the size of their floats soundhounds float is significantly larger a multiple 200 300 400 500 times larger than these other companies.. they just keep diluting shareholders that's what they have done from day one
Happy Trading Go goOP :
but now NVIDIA is investing it, the plumbing action may chase the opportunity exit
74172505 Happy Trading Go goOP: Use your own brain, and do some actual reading omg, ffs, aren’t there enough hints & proofs already? You can stay in this game but it’s your own money at risk, if you could handle the loss then by all means keep betting on this, otherwise run away while you can.
74172505 Happy Trading Go goOP: Those telling you to buy, could they actually list you any reasons apart from that initial investment from NVDA? Anything about their product? Any patents? Anything that actually makes profit for the company? SOUN fair price should around 1.7-2.4 or less based on their profitability
104059066 : Selling at a high price
Buy at a low price
egan1 : its because they know the current share price is outrageously overpriced and will never reach these levels again. no amount of confidence from management will sustain these prices, so there is no incentive to hold an asset that is 99% likely to lose value in the future.
151776182 : Just by using the name Nvidia, you think it can become a long-term monster stock; don't blame anyone. When it went on sale, it took three days to clear the inventory.