GPUS - what the hell is going on | Insider Trading Alerts

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GPUS – what the hell is going on

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GPUS - what the hell is going on

was debating posting this one, then I saw this guys post: https://www.reddit.com/r/insidertraders/comments/1ns76j2/we_will_not_be_silenced/

https://preview.redd.it/dv636ur5msrf1.png?width=1595&format=png&auto=webp&s=e173f333b1f4e6150d32502d112c829746e4a34a

it looks like an insider has been buying little by little at a time. But this guy, Milton Ault, has quite the history: (chatgpt summary)

Milton “Todd” Ault III is the Executive Chairman of Hyperscale Data, Inc. He recently filed a Form 4 showing open-market purchases of his company’s stock, signaling insider confidence. He also indirectly owns additional shares through his company, Ault & Company, Inc.

⚠️ Controversial history: Ault has faced SEC charges for misleading disclosures, FINRA sanctions, and multiple lawsuits over the years, including non-payment and misrepresentation claims. He settled the SEC case by paying $256K personally. Despite this, he remains active in business and investing.

So anyways, is this guy buying all this stock because he thinks it’s gonna pop, or because he’s up to something sketchy? I think this stock is total crap. But, I do follow insiders. This is a tricky one. I’d like to make some kind of call, but I don’t feel confident enough either way. I would call this a stupid lottery ticket if anything.

submitted by /u/RelevantAside_
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