Whaaat? I’d say you’re crazy, but I think this is a very reasonable expectation. I knew I should’ve bought more LTC when it was hanging out at $220 area for a while, but I was nervous because Charlie Lee spooked me with his $20 LTC comment and selloff. Seems I’m not the only one. Seeing the head of a project sell off all stake in his dream is never a good sign. What normally happens when we see a CEO or other high-up sell most of their stake in their company? Usually they know something the public doesn’t. Recent examples: Equifax head sells massive amounts of his holdings before we learn of the massive breach. Intel head sells off shares before we learn of this hardware exploit in their chips. Charlie painted it as a noble move. Maybe so, who knows. Made everyone suspicious, though!
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