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DewDiligence

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Re: linhdtu post# 1011

Sunday, 05/24/2015 12:04:36 PM

Sunday, May 24, 2015 12:04:36 PM

Post# of 3231
The CFO's 10b5-1 plan doesn't claim the only reason for selling is to pay taxes on exercised options; rather, it says that paying taxes was the impetus for establishing the plan in Dec 2014:

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person in December 2014 to provide liquidity for tax payments due on account of prior option exercises.

Ditto for the 10b5-1 plans by ENTA's other executive officers.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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Volume:
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  • 6M
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  • 5Y
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