A WTC director sold $38m worth of stock yesterday which is hardly surprising considering the stocks almost doubled in recent weeks after delivering an excellent result during reporting season. This could be a drop in the ocean for the co-founders who still hold $6.4bn and $522m worth of shares respectively while 2 other directors enjoy holdings over $500m, hence this move doesn’t concern MM at this stage.
MM likes WTC in the mid $40’s
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