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SolarCity Corporation Message Board

  • icgemanagementloser icgemanagementloser Jun 10, 2013 6:52 PM Flag

    FB had risen $3 on the day of lockup end which released over 1 BILLION shares to be sold by insiders but stock went up

    Facebook (FB) had risen about $3 on the day of lockup end which released over 1 BILLION shares to be sold by insiders but the stock went up surprisingly given stock had seen 25% selloff in weeks prior to it just like SCTY has in recent weeks imho

    Sentiment: Buy

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    • FB insiders weren't up 300% like SCTY insiders so there was no incentive for them to sell.

      In every case I've seen where insiders were up 50-100%+ on their initial investment on an unprofitable company, there was significant insider selling.

      Sentiment: Strong Sell

 
SCTY
22.26-1.47(-6.19%)May 27 4:00 PMEDT