PLEASE READ THE ENTIRE POST, IT MIGHT JUST SAVE YOU A SOUR INVESTMENT
I have been following MRNA for about a month now, and something interesting has happened that not many people know about.
On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.*
Now the company says that this is no reason to panic. (sounds like what we were told about corona in December...)
On the trading platform I use, I have also gotten a notification about insiders selling. This is a built in strategy used along with others to determine the market consensus of the stock (buy, strong buy, hold etc)
We can all probably agree that when head management sell most of their holdings, and not 1 person but 3 senior members, it is generally not a good sign.
Now here is where I'd like your feedback - The large selling off their stocks hasn't been reflecting in the market. In fact, MRNA has been on one long bull run with minor short term bearish chart patterns.
Why would it be that the sell off doesn't reflect in the market?
I personally sold my stock immediately after I saw a report on this from Gurufinder, later confirmed by more mainstream news and other platforms. My opinion is that The company has to portray that they believe their stocks are going all the way up which in this case, selling off massive holdings at the peak tells me that they are taking their profit. Compare this to PFE (Pfizer), whos director INCREASED his holdings. Now that speaks of confidence in the company, right?
* INFO FROM MY TRADING PLATFORM
CEO, SOLD $1,293,810, DATE 18.09.20
PRESIDENT, SOLD $1,228,468, DATE 15.09.20
CMO, SOLD $1,255,321, DATE 15.09.20
Please share your constructive and respectful feedback, and thank you !
Hit like if you found this interesting,
Ev
I have been following MRNA for about a month now, and something interesting has happened that not many people know about.
On 4 September, news came out that the CMO, the President AND the CEO have sold large if not all of their holdings.*
Now the company says that this is no reason to panic. (sounds like what we were told about corona in December...)
On the trading platform I use, I have also gotten a notification about insiders selling. This is a built in strategy used along with others to determine the market consensus of the stock (buy, strong buy, hold etc)
We can all probably agree that when head management sell most of their holdings, and not 1 person but 3 senior members, it is generally not a good sign.
Now here is where I'd like your feedback - The large selling off their stocks hasn't been reflecting in the market. In fact, MRNA has been on one long bull run with minor short term bearish chart patterns.
Why would it be that the sell off doesn't reflect in the market?
I personally sold my stock immediately after I saw a report on this from Gurufinder, later confirmed by more mainstream news and other platforms. My opinion is that The company has to portray that they believe their stocks are going all the way up which in this case, selling off massive holdings at the peak tells me that they are taking their profit. Compare this to PFE (Pfizer), whos director INCREASED his holdings. Now that speaks of confidence in the company, right?
* INFO FROM MY TRADING PLATFORM
CEO, SOLD $1,293,810, DATE 18.09.20
PRESIDENT, SOLD $1,228,468, DATE 15.09.20
CMO, SOLD $1,255,321, DATE 15.09.20
Please share your constructive and respectful feedback, and thank you !
Hit like if you found this interesting,
Ev