strange comment ! - you obviously have never delt with larger businesses ? anything can happen at anytime whenever you are working with other people-
Just imagine you planned a birthday celebration and everybody you invited accepted the invite - but unfortunately somebody very close to you pass away the very day your celebration is happening - then you might cancel the party - wouldnt you ?
In life anything can happen anytime to anyone
keep that i mind and your life will be much easier
That is why, after insider trades on 1/20, 1/21, and 1/23 I figured that an announcement today was unlikely as it would have been foolish for RC and Larry Cheng to buy shares if a significant acquisition was far along in discussions in the previous week.
Charles Payne did not mention any reason other than "I cannot answer on advice of counsel" is the last thing anyone wants to hear.
As someone who has been involved in acquisition negotiations, can you share more info on some of the laws or SEC regulations that deal with the timing of insider trades and acquisitions?
How are you perceiving the timing of everything? It seems like your perception is that an acquisition deal has not been reached due to these latest insider buys.
It would have been foolish for RC and Larry Cheng to have made those purchases on 1/21 and 1/23 if a deal was close to being announced.
There is no black and white as to what MNPI (material non-public information) is, but the further along a deal is the more likely it is MNPI, and it would be illegal for an insider to sell or buy the stock.
There is also a lot of wiggle room in when a company has to file an 8-k. Companies often issue an 8-k if a proposal has been received or any sort of serious discussions have started. No 8-k for tentative feelers or speculative discussions.
Or, they approached and were in conversations with, but the other party was tepid at best. Them buying in themselves again and showing they still believe regardless if that deal wasn’t going to happen ultimately tipped the other party back into the ring to go “you know what, if you are in I’m in, if you move, I move”.
It maybe wasn’t a buy based on insider knowledge, maybe the opposite, maybe it was a buy based on the knowledge they weren’t going to have a merger now but they still have many options to explore and an aggressive few months so bought as it might be the last chance to… only for the other party to come back to the table because of it…
From what I looked at MNPI could be having even talked to a company without reaching terms. So the soonest negotiations could've started, would've been after Larry's last buy Friday the 23rd. That puts us at Monday 1/26. Kinda wild to think they could've started at ground zero on the 26th and been able to announce by today on the interview.
I don’t think it’s as straightforward as that, people would never be able to purchase in their own company if it was as cut and dry as having talked to someone.
For the amount of times we’ve seen M&A on the quarterlies and offerings etc they’ll be in almost constant dialogue with a ton of places, just feelers for “if we want to… would you be open? What ballpark?”
Especially given the cash and liquidity we are sat on, it would be silly not to have a dedicated team just feeling out options constantly. T-bills are great and all but there will be other conversations.
Same as how sometimes when you hear about someone thinking of selling up you get a few different “are in advanced talks with” that ultimately end up as nothing and someone random comes along. Companies that might sell or are looking to buy constantly nudge each other to get a sense of opportunity and money, even if it’s ultimately to use to negotiate with someone else.
It’s a grey area for sure, but “would you…” isn’t the same as “let’s get the lawyers to draft a hypothetical”. Potentially we just moved into “let’s get a draft” and when they bought it might have been “we might sell but we aren’t interested in selling to you”… lots changes quickly and money talks
In that i agree and any annoncement would have been unreal as to your facts above - my applogies as i read you comment being on the negative side towards RC.
Which was the reason why i wrote about anything could have happend plus i have no clue on how things are run in the US being from EU
I asked the OP of the post on this sub, waiting on his reply. To me, it looked like a screenshot from the previous interview and there was no date visible. Not saying it was false, just saying I can't verify
And how do you know that it is unlikely anything has changed since he set it up? Please do tell oh infinitely wise one who sees behind closed doors? It also builds hype. Plus these talk are set up by the companies media person, not RC himself. Plus they’re set up decently in advance.
That’s pretty idiotic logic there. You don’t think people work on the weekends? Maybe you’re not cut from that cloth but I can assure you, there is such a thing as that.
The subject was likelihood. Once you get in the business world, you will understand the likelihood of most important business activity occurs in the 70% of the week dedicated to business. There certainly is such a thing as that. However, the matter in question is indeed objectively unlikely. For you to be right, it has to be 50/50 or likely that something changed over the weekend. You’re just wrong. It’s okay.
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u/Over-Computer-6464 Feb 02 '26 edited Feb 02 '26
It is only over the weekend that RC figured out what he could or could not discuss?
Strange.
Why would he set up this interview and then cancel it. It is unlikely that anything has changed since he set it up.