Jan. 11 at 4:08 PM
$GLUE I'm going to get ahead of it for folks who don't know or don't understand... Yes, the CEO sold shares, which people on the board are going to try and use as negative fuel. 2 facts: this is a prerevenue biotech company and even CEOs need money to live. He sold only 0.88% of his shares. More importantly, these sells by executives are predetermined WELL in advance and disclosed to regulators to prevent insider trading, so it has no bearing on the CEO's faith of future success of the company as others may try and trick you into believing. Same thing goes for buys for your future investing journey. If you ever hear, "If the company really believed in this stock, the insiders would be buying a boatload of shares". It doesn't work like that and that person doesn't know what they are talking about. See below post for additional details. Sorry for the long post but I hope this is helpful to some, not only to this ticker but investing in general.
