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by 389401a 5145 days ago
Insiders are selling.

Insider trades are always based on stronger information than you have and they are never random. There is always a purpose when they are selling. Why are insiders selling pre-IPO?

There's a Marketwatch article in the queue.

1 comments

A lot of folks would rather have $1M of real money than $10M+ of maybe-someday-maybe money. That's one lesson you can take away from past bubbles and missed sell opportunities. Especially for those who don't have FU-level wealth.
But these insiders most certainly do have FU-level wealth, and they are selling, pre-IPO.