$XPeng Inc.(XPEV)$ The stock is up on news that the CEO bought 7 million dollars' worth of shares almost 8%. They need to figure out how to improve sales, the CEO sold 1.8 billion of shares but he still owns almost 20% of all outstanding shares, why would he buy 1/10 of 1% of the shares? He's trying to trap new buyers. More dilutions coming or Alibaba or VW will sell as soon it goes up.
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