Member Info for HereKittyKitty

She only has just over 3.1M shares left too sell 🤪 and that’s not including share options not vested

533.64 here

https://uk.investing.com/equities/darktrace-consensus-estimates

Consensus showing a good 16% upside on average from here

High end 703.80

https://www.tradingview.com/symbols/LSE-DARK/forecast/

12 Strong Buy

3 Hold

1 Sell (Perl Hunt)

Shorts down to 1 @ 1.15%

https://shorttracker.co.uk/company/GB00BNYK8G86/

She likes to buy and sell but certainly is doing it well

https://www.lse.co.uk/DirectorsDeals.html?shareprice=DARK&share=Darktrace

Amazon must be in trouble to

"Multi-billionaire Jeff Bezos has sold another 14 million Amazon shares, worth around $2.4bn (£1.9bn).

The latest sale brings the total number of shares he has sold in the firm over the last nine trading days to about 50 million, with a value of around $8.5bn." 21 Feb 2024

As another example Elon Musk sold $3.6B of his Tesla shares on Dec 15 2022

The SP was average of $163

The SP then went up to $281

Gosh why didn't he wait

The SP today is still higher than when he sold in 2022 with a booming business on a lower value

Oh yeah he needed money to do other things ....

Not sure if you’ve ever work for a pre IPO company or not but I’ve done 7.

When you get pre IPO stock options they vest over a 4 year period & if you don’t pre buy them at grant prices you have a big tax bill on sale post IPO.

You DONT own that equity until you buy them & pay tax or sell to cover tax & take profit gained.

So basically pre IPO options are a piece of paper until you pay out cash to buy the ones that have vested.

Now should you leave, get fired etc before you’ve executed any stock that has vested you loose em. They are nothing until bought paying a tax gain or cashed out.

Not the same as buying equity on the open market at public rates.

Nicole Eagan Is nearly 60

Early retirement? Helping family?

Needs cash for legal fees?

She’s very lightly got a lot more so cashing out a few for £4m isn’t a big thing in the scheme of her net worth

Respectfully I disagree from personal experience

I could have held many of mine in a few companies longer but I took real cash to do things I wanted to do in life and live mortgage free

They are only paper shares doing nothing until you convert to real cash that you can do things with now to enjoy life

You have no idea of a persons personal circumstances

Always need to consolidate a new base after a rapid rise to build foundation for next upturn

Down to 1 shorter is positive

Down to near 1% shorted is very positive

Execs cash out chunks after IPO - quite common

Who knows why they need a chunk of cash - doing up house, garden, car, helping kids, paying off mortgage (that’s why I sold mine) etc

Number are solid and improving quarter after quarter

Undervalued bargain buyout opportunity for competitors

Because, speaking from experience selling many IPO shares, cash in the bank is cash in the bank vs paper shares

And the good news is they are already independently verified as all clear here at Dark

https://www.lse.co.uk/rns/DARK/conclusion-of-ernst-young-llp-review-putyemdewvvkdw1.html

Qube are just x Cred Suisse with a big pot of money to play with so looking at their short portfolio this is peanuts and irrelevant to their fund overall

At the end of the day, results talk and drive share prices on forward projections for market cap 😁

Kintbury Capital LLP down to 0% - bought out all shorts

https://shorttracker.co.uk/company/GB00BNYK8G86/

Qube up out on their own now

https://www.lse.co.uk/ShareShortPositions.html?shareprice=DARK&share=Darktrace

I’ve done over 30 years in IT incl SaaS security & more - totally agree

Https://petition.parliament.uk/petitions/657294

Thx

Some like to be optimistic positive drivers for good

Others just love to criticise as they can only live a hindsight life with no forward looking predictions swirling in pessimism of others comments