I think it is simply that he thinks the stock will only go down further, so might as well close out the grift now.
There is only a filing. It needs to be processed, which doesn't happen instantly.
The stock market might not go down after the tariff taxes are announced. 1) They don't seem to be pricing in the synergistic effects of layoffs, deportations and spending cuts. 2) Sentiment has swung to a mood of slight pessimism on net, it seems to me this past month; stock markets often go against sentiment on the idea that by time sentiment gets exposed, people have already made their buys or sales.
I think the sentiment has swung back slightly to a bit more positive than a week ago. I don't know about the actual tariff taxes to be imposed, but I think they will be a bit harsher and broader than people have been hoping (and buying stocks on the hope). I think the market will go down some, but I keep in mind point one above. I do know I sold out of stocks almost three months ago.
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