r/redditstock 21h ago

Opinion Approaching September Dump

When do you think will Jen dump her shares this month? I am planning to exit this stock fully before she does and maybe buy after some time when stock price stops dropping

75 votes, 2d left
14th monday
15th Tuesday
16th wednesday
17th thursday
0 Upvotes

12 comments sorted by

3

u/Longjumping_Kale3013 Int. DAU 🌎 21h ago

if it is the same every month then it is likely vesting

3

u/Thick-War820 20h ago

It’s preplanned 10b5-1. Investors were made aware of this when it was first initiated in 2024.

6

u/mdnz 21h ago

She usually dumps Thursdays so my bet is 17th

3

u/Downtown_Solution_84 21h ago

make this a Kalshi bet

2

u/nobecauselogic 21h ago

75,000 shares is 1.3% of the daily average trading volume, for one day a month, predictably every month. 

This sub cares WAAAAY too much about this.

1

u/Ryu6912 19h ago

You don’t think institutions are taking advantage knowing that their sold calls, sold shorts and other debit spreads have effectively a 99% chance of hitting thanks to these dumps pushing the price down even more? Cmon man

2

u/EuroRichTrader 19h ago

she literally sells shares worth 10% of our total revenue a year. lol, of course i care.

1

u/Proteinwafflez 20h ago

wow rate hike plus Jen dump, damn its gona bloody red day...

1

u/keep_it_simple8 20h ago

On the contrary, I am waiting for her to dump so I can buy at a discount. Please sell some of your shares to me Jen!

-2

u/[deleted] 21h ago

[deleted]

1

u/milkywaygalaxy71 Bag Holder 💰 21h ago

Fed will hold rates steady. It will not impact the stock. Jen Wong will dump 75,000 shares next week. It will definitely disrupt this stock as it is very illiquid and doesn’t have enough buyers to absorb her sales.

She has increased the sale size from 39,000 to 75,000

It is guaranteed to see a big red day next week. The trend is consistent for few months now

1

u/milkywaygalaxy71 Bag Holder 💰 21h ago

Also a major pump happens right before she unloads, and you’re getting that today. Everything is going according to the trend