• calliope@retrolemmy.com
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    13 hours ago

    It was literally months ago, too. Like, starting in August… after the price went up.

    The first two stock sales in late August and early September followed a robust Q2 earnings report that caused Nvidia shares to jump about 10% in valuein the following week.

    Whoa he sold it when it jumped in price?! Suspiiiiiiciooooous 👻

    This is literally what you should do to make money? Sell some when the stock is up.

    Stevens still holds about 27.5 million shares in Nvidia, a colossal position.

    Anyone saying this is definitely “insider trading” have no idea what they’re talking about.

    • aetheplace@lemmy.world
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      12 hours ago

      The article doesn’t say its definitive either. They cover with “this isn’t in and of itself a red flag” but by building the links they are, it makes it seem more nefarious than it is. Just finding ways to get clicks and make people upset.

      There is plenty of deserving criticism and ire to direct at billionaires but I don’t think this instance warrants those things based on the facts we have.