May. 20 at 11:25 PM
$VG Here's more clarity of what Happened today:
When a Form 4 drops showing a C-suite executive selling 100% of their directly held common stock (even though it was just the converted options lot of 222,000shs) momentum-chasing and high-frequency trading (HFT) algos instantly categorize it as an "Insider Outflow." This automatically triggers short-term sell orders or reduces the algo's "long conviction"
The CFO's could of held and exercised these specific options until date of June 17, 2030. He had years left on them.
However, the CFO like many of us rely on automated systems and It’s highly likely this sale was completely set-up months ago, meaning the automated trading machine didn't care that it was killing a beautiful human-driven chart breakout we were developing toward >
$15+.
The cloud will lift and Algos will reset. This is what happens when the human element of Logic and reasoning is eliminated.
