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Just saw The Trade Desk stock absolutely pop off on Thursday - jumped like 30% at open. CEO Jeff Green just dropped a sizable $151 million to buy 6 million shares of his own company. That's the kind of move that makes you wonder if insiders know something we don't.
And then there's this report that they're talking partnership with OpenAI, which is trying to get into advertising. So you've got both insider confidence and a potential game-changing deal hitting at the same time. No wonder the market reacted.
The thing is, this stock has been absolutely beaten down - down 63% over the past year, trading at valuations nobody's ever seen before. So either Green thinks it's a screaming bargain and the AI concerns are overblown, or there's real momentum coming. The partnership angle is definitely intriguing if it actually happens. Anyone else watching this one?