https://x.com/unusual_whales/status/1840862433222500808
14 replies (most recent on top)
Everyone who keeps saying a fraction of what he owns needs to do a little homework..
https://finance.yahoo.com/screener/insider/DELL%20MICHAEL%20S
he had 25m shares, he sold 22.682m of them.
He owns 985 trillion shares so this is only a small amount. He's holding the other 984.999 trillion because he believes in AI.
Why would anyone follow unusual whales? That's the 1st issue. Second, means nothing
He's selling 10 million of his 530 million shares that he owns. It doesn't mean anything except that he's doing what investors do. It was also predetermined and communicated to the SEC and approved before it could happen.
This sale is notable not only for its size but also because it represents a substantial portion of Mr. Dell's holdings in the company. Following the transaction, he continues to own 16,912,241 shares of Dell Technologies' Class C Common Stock. The sale was executed directly by Mr. Dell, indicating his personal decision to reduce his position in the company at the stated price.
Dang some here didn't pass 5th grade math.
Rumor is there’s talk of an investigation
He's selling 10 million of his 530 million shares that he owns. It doesn't mean anything except that he's doing what investors do. It was also predetermined and communicated to the SEC and approved before it could happen.
The lack of business understanding and common sense here is perverted.
A ceo would be looking to hold onto shares to attract buyers and bigger offers.
CEO can't dump stock prior to selling off a company. In example in him dumping large amounts of shares would convey a lack of confidence in the current price/company.
Do you see how that would be a conflict of interest and be considered insider trading?
"A company heavily invested in GPU's is my bet."
Hopium is one hellova dr-g.
Everything that is happening within Dell and now this, clear as day MD is ready to sell up and retire.
Who'd buy?
A company heavily invested in GPU's is my bet.
Sell Dell
All going to BTC
Duh. What part of selling the buildings/land and zero investment in new land/buildings/sites don't you understand? It's been a fire sale the since covid.
The pump and dumper.
AI is his last attempt of snake oil.
"Michael Dell, the CEO of $DELL, has filed for $1,244,000,000 (yes, over a billion), of selling $DELL stock.
He is selling 10 million shares at $122."