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CFO is SELLING but increased HOLDING lol
Panic sell is good in this case, sell everything for my buy target to hit lol
Announced Traded Action Notifier Price Currency Amount Holding
03-Nov-21 28-Oct-21 Sell Matthew Briers 806.00 GBX 341,467 3,941,639
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07-Jul-21 07-Jul-21 Notification of Holding Matthew Briers 0.00 0 3,765,866
You can't stay underwater in short for longer period. Keynesian economics dictate stonk always go up. It's eventuality of an anomaly neo. Elliot wave inventor died broke middle class for a reason.
Has anyone checked their ASSETS launched in UK? You can hold money in ETF and also spend it quickly using their card if needed like a highly liquid stock portfolio. Could they possibly be becoming more than cross border payment transfer company?
It's all hype, no substance. Quantum computing is centuries away cause maintaining qubit stable is ultra expensive task with near absolute zero temp and perfect vacuum requirement, still CMBR can destroy it's state. Add useless blockchain to it and you have extreme hype vaporware.
So I did some digging and cofounder Taavet selling was written on the wall, he is moving out. Now that panic sell-off has resumed, it's a strong buy again lol
https://www.pymnts.com/personnel/2021/wise-cofounder-hinrikus-to-resign-as-chairman-former-netflix-cfo-to-fill-role/
Yes roulettewheel, Other founder kriisto increased his shares so seems natural that taavet (seller) is moving out. Having said that it's a strong buy at £4.
PS: Elon musk was born wealthy profiting of child labour in Africa still he pretended to be humble for SP growth.