RE: WHY - MM tells the market things are great then sells29 Jan 2022 16:41
Given the evidence I'm certain this chap has been margin called and we all know what the market does to you when you get stopped out. Feel for the chap it was literally announced to his coworkers and all those who work for him publically he's probably behind the sofa this weekend.
The 7% drop was reasonable on initial information but now the market understands and after Fridays epic nasdaq move I think this snaps back hard Monday, quite possibly double digit gains. I also wouldn't be surprised to see other directors buy next week as a show of faith, that would make sense.