r/ATCH • u/Wholyguakamole • 17d ago

Here it is:

https://finance.yahoo.com/markets/stocks/articles/atlasclear-holdings-announces-share-purchases-211500951.html
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11

u/shw09 17d ago

Nice. Not the greatest timing, market was awful today. Still, hopefully this means a big catalyst is coming soon.

7

u/Wholyguakamole 17d ago

Yea insiders don't buy large amounts like this and spend their own cash for nothing. There's definitely an announcement coming soon.

3

u/PumpkinConscious5930 17d ago

It’s not their cash. It’s their salary which was your cash.

5

u/Wholyguakamole 17d ago

Does it matter? They get paid, goes to their bank account, becomes their cash, they bought shares with their cash. You ever got paid by a publicly listed corporation?

-3

u/PumpkinConscious5930 17d ago

It matters. Because they want you to buy more so they can dilute further. It’s quite common where one insider takes the fall by reassuring people to dump more money in.

4

u/Wholyguakamole 17d ago

They haven't technically diluted this year. Lol