dcbo how amazing

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hi

analysts have very high ratings for this stock..other sites do too that follow algorithms and stuff..I love this stock..its also on your bull list

what is happening with it right now..and what does it mean that some shares are being switched from insiders to companies (secondary offering)

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Asked on January 21, 2021 12:07 pm
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thanks for this

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Posted by Ayesha Ahmad
Answered on January 21, 2021 4:25 pm
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So what is happening here is that a few insiders are deciding to cash out some of their position and doing so via secondary bought deal offering. You will see this happen often with new issues, as insiders lock in gains. They do so for a variety of reasons and is not a necessarily a bearish sign. It actually happens often with company that have recently IPO'ed. Many times these insiders have much of their net worth tied up in the company, and this is a way for them to unlock that value and diversify.

Regardless, it usually ends up have a short-term downward pressure on the stock. Long-term, nothing changes fundamentally.

Mat

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Posted by Mathieu Litalien
Answered on January 21, 2021 4:13 pm
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