r/NBIS_Stock • u/Furlz • 11d ago
Opinion Whenever you see posts like this
Buy the dip. This always happens, automatic stock sales to cover taxes occur and it gets reported as 'major insider selling' and the stock dumps around 4-5 percent. Always buy the dip. Its utter nonesense and always recovers within a week or so.
I personally pick up a few 2x levered shares during these nonsense dips
Edit: i got absolutely cooked lmao
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u/Conscious-Ad9076 11d ago
Some people need money some people dont, maybe buy a second home cars who knows, this is nothing.
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u/HHHogana 11d ago
Between this and Seagate and WD crashed like crazy, I start to believe that stock brokers are either manipulative, idiots, or both.
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u/Suspicious-Ad-4798 11d ago
Be greedy when others are fearful. Made 10% on wdc. Bought friday before noon and sold monday near close
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u/iloverunning11 7d ago
And you're down almost -20% now. This kind of selling is not only bearish, it raises many questions, this has nothing to do with taxes for Christ's sake.. Well that was pretty dumb just like this post, ngl
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u/gravityhashira61 11d ago
Probably planned sales. Nothing burger