/biz/ - Business & Finance

>>22604587

Just saw that the CEO of Giga Metals dumped $6 million in shares. So corrupt and evil that I can't help but laugh. The stock only soared to begin with because he pretended as if he was going to get a deal with Tesla, e. g. by posting pictures of a Tesla plant on his website. Reminds me of NNA (Equity Metals) which I talked about yesterday. I didn't invest in this company, it's simply fascinating to see how unprincipled some people can be. This is why the management of a stock is so important. Another example of this is e. g. Blind Creek Resources, which soared 3x because of its silver reserves, but its predatory management immediately did a PP at a minuscule fraction of the share price and 70% of the float, which crashed the stock.