How have directors responded to the Wallstreetbets rally?
Probably primarily with frustration given that most of the companies are currently deep in closed periods, preventing them from trading. One exception is Koss Corporation who reported on 28th January. The company’s share rose by 1800% last week. 3 of the Non-Executive Directors sold their entire holdings on the 1st February.
For Directors in the other companies caught up in the Wallstreetbets rally exiting their closed periods and being free to trade likely can’t come quickly enough.