$32M From the CEO on a Stock Down 82%

ISB Research · Interesting · sent to Ultimate members October 8, 2026

Jack Huang runs 51Talk, an online English and Chinese tutoring platform for students across Asia-Pacific, and he just put $32.3 million into his own shares at $11.50. That's a big number from a guy who's bought 123 times in the past year, so this isn't a one-off. The stock is wrecked, down 82% from its high and sitting near the bottom of its yearly range, which is the kind of washout that tends to bounce. But every timeframe here still reads sell, the tape hasn't turned, and a stock this far underwater often bounces for a month and fades by six. The CEO's conviction is doing all the lifting against a chart that disagrees with him.

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