Thats a routine sell, most CEO’s do that. This one is also exiting.
Your argument was that “no one was buying.”Here the entire E team is buying. We will know more in July who bought in May and June.
Mind you, these purchases are outside the 25% Employee purchase program where the employees can buy the shares are 15% discount from CMP.
I proved you wrong and you’re a pussy to admit it.
Is this time for $MSFT or $GOOG to buy $ADBE?
You can buy Adobe at 8x multiple and add $27B revenue to your balance sheet.
Also, its basically pennies for @elonmusk
@0xtechquity I just found out insiders are buying. Dataroma is broken.
Again, there is ESPP apart from this which anyways employees get 15% discount on CMP.
cc @ariaradnia
@_Mukul@0xtechquity Turns out I’ve never sold any stock both in RSU and ESPP. Never needed it. But this way - 50% of my networth is tied in Adobe. And its down almost 60% (!).
Lesson learnt the hard way but at what cost.
Could this be the biggest buying opportunity? $ADBE is priced at 2019 levels, growing 11%, profitable and no signs of disruption on the balance sheet.
Who’s going to catch the falling knife and turn it around in the opposite direction?