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Absurd how every sector in uranium is up but not uec actual waste of an investment

$CWB Did someone say POS? Apparently right

In recent market activity, Ranbir Singh, EVP of GeneSiC Business at Navitas Semiconductor Corp (NASDAQ:NVTS), sold shares of the company's stock, according to a new SEC filing. On March 14, Singh disposed of 10,925 shares at prices ranging from $4.64 to $4.81, with the total transaction amounting to approximately $52,450. This sale was executed in multiple trades, with the reported price reflecting the weighted average sale price.
The transaction is part of the company's policy which mandates "sales to cover" for tax withholding obligations that arise due to the vesting of compensatory awards, such as restricted stock units (RSUs). These sales are intended to comply with Rule 10b5-1(c) under the Securities Exchange Act of 1934, which allows insiders to set up a predetermined plan to sell stocks at a time when they are not in possession of material non-public information. Singh does not have control over the timing of these sales.
Additionally, on March 13, Singh acquired 37,530 shares of Navitas Semiconductor as a result of vested RSUs, with the settlement of these shares reflecting a total value of $0. This transaction increased Singh's direct holdings in the company to 40,282 shares.

Singh also has indirect ownership through SiCPower, LLC, of which he is the sole manager. SiCPower holds 24,883,161 shares of Navitas Semiconductor. However, Singh disclaims beneficial ownership of these securities for the purposes of Section 16 of the Exchange Act.

👎 👎 👎 SELL CDLX, It is Ready to drop like a rock. Don't get deceived by the last day trader's jump, look at the real picture, the estimated Earnings per share for this quarter Q1 2024, it is very negative, Q1 is always the worst quarter for this company, so.....yeah this stock is destined fall back down to less than 8$/share again. A jump in a money losing company like this is always always always followed by a huge drop. SELL SELL SELL now. 43B85D81-B204-45D8-9CE8-69B79D6A5E99.jpeg

This company is in trouble.

Change name NRDE