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[-] Covenant@sh.itjust.works 33 points 1 year ago

Is it possible that those people who sold millions of shares are going short on unity stocks?

[-] bogdugg@sh.itjust.works 10 points 1 year ago

people who sold millions of shares

Is there a source for people selling millions of shares?

Yup. And it’s easy to find more.

[-] bogdugg@sh.itjust.works 24 points 1 year ago* (last edited 1 year ago)

2000 shares is not millions... that's less than $100K at the current share price. For scale, the CEO was paid over $8 million in stock in 2022, of which he sold about 50000 shares over the course of the year, which would translate to roughly $2 million worth, which I assume means he's holding many more shares.

I just don't see it. Seems far more likely that he just regularly sells shares as income.

I do agree the other two are more scummy than the CEO.

this post was submitted on 15 Sep 2023
268 points (97.5% liked)

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