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Investor sold 200m at an opportune time (markets.businessinsider.com)

posted 3 years ago by Charlieday 3 years ago by Charlieday +23 / -0

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– bezzle 1 point 3 years ago +1 / -0

"He knows GME shenanigans will destroy the markets..."

--Did you even read the article? Let me quote part of it: "I sold 6 million shares for $200 million which I am planning to redirect into a large investment I am making towards fighting climate change," Palihapitiya said in an emailed statement to Insider.

Gamestop (GME) isn't even mentioned.

Palihapitiya is a critter, and I would surmise that he has received inside word (or at least a strong hunch) that the market is about to go tits up as the dollar hardens and interest-rates rise.

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– deleted 1 point 3 years ago +1 / -0

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