Personally I don't really agreed with the comment. First, the insider is selling their share based on the guideline. Second, as a successful person must also be successful in personal financial plan. Thus, selling at good price for more income is normal. Furthermore, the CEO is also an investor! So, the person who do the analysis/study has the tendency of always hoping people to help while they are not in good term (my personal analysis). The company decided to buy back at high price is showing they have confident with their performance.
Insiders Sell Stock. Their Companies Buy. It's Not a Good Sign
Similar comment that I have given on the selling stock by the senior management in Nvidia. This is the right of those senior management and it has shown they are also great in the personal financial management. Even with their selling, the share price is still going up. It has proven that most investors either individual or corporate are still having strong confident in the performance of Palantir. Recently, there are a few persons are having their analysis thesis to try to convince others that shall "sell" their share on hand, also there is one top corporate investor has sold their stock at a much lower price in Early Oct and November, but all these has indeed lost much on their reaction. I am still holding strong confident on Palantir in long term! Again, my way o
Palantir's CTO Shyam Sells Shares Worth $367.9 Million
A lot of these types of scholar and so called expertise in certain investment companies are trying to push Palantir share price downward by writing a great long thesis, and some investment company even sell their holding but later bought back again at higher price (no idea why). However, most has been proven they are wrong as Palantir price is continuing move upward and being rewarded by government for their services. No doubt the share price may drop heavily if one day Palantir do not meet the expectation, however, again it is short term impact as the key fundamental is still remain strong! Furthermore, smart investor shall apply "stop loss" to protect their capital or reduce their lost, and for sure shall not put their whole asset into one counter. Diversification is for
$AIA(01299)$A stock that could be considered to invest for long or medium term. Personal observation is it has it quarterly movement around the quarterly result announcement.
$NVIDIA Corp(NVDA)$ Personally I would still have faith with Nvidia. I am aiming for 10% increase in price after the announcement. However, you could setting up a stop-lost pricing at your acceptable lower price If you have doubt!
Instead of just take the profit, I would set a potential lower price to prevent the sudden price drop due to some so called "professional manager or organization" that trying to push the price lower to suit their investment strategies including "short selling"!
Palantir's CEO Is Selling Stock; Should Investors Follow Suit?