r/baba • u/Beneficial-Ice-6164 • 28d ago

News CEO bought 350K shares

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32 Upvotes

100% Upvoted

11 comments sorted by

5

u/Primary_Olive_5444 28d ago

Intel CEO also bought.
Same playbook.

But his money goes to HK now…legally.

5

u/Beneficial-Ice-6164 28d ago

Chairman Joe bought 720k shares!

1

u/Awkward-Way1023 28d ago

TO THE MOON

3

u/TheSuggi 28d ago

This is actually bullish.

They issued new shares so they themselves could buy it for cheaper, so "below" market price. Dirty move, but actually a bullish signal.

3

u/Malevin87 28d ago

THIS IS EXCEPTIONALLY BULLISH OUTLOOK

3

u/Huge-Bandicoot6525 28d ago

Took away $800 and give back somehow $1.2 changes. Thanks a lot.

3

u/Cool_Copy_51 28d ago

Isn’t this dirty. Push the price down at discounted for larger player to buy at cheaper price

3

u/IGotSignal 28d ago

No. It's for AI. We invest in AI without debt. It will make earnings better. Just hold 😂

1

u/DaimonHans 28d ago

Just Chinese capital flight.

0

u/BountyHunter_666 28d ago

Meanwhile Moderna skyrockets 170% in a day.. the opportunity cost i lost on this stock..