Biotech Values

[stockbettor]

The CSO gave us the same bullish signal last year at about this time, when the stock was selling at $32. Those options expired later in 2014. As described in your post extracted below, the CEO also exercised and held with respect to $8M of shares at the same time as the CSO, and the CFO did the same for a lesser amount last March.

Let's hope Jay Luly confirms the CSO bullish signal with another exercise and hold in the near future. It would be an especially impressive exercise if he were to do so with options having the same 2020 expiration.

ENTA’s CFO exercised and held $3M worth of stock from 77.5K options that did not expire until Jul and Dec 2014; (he also exercised and held $600K of stock from options that were expiring imminently):

http://www.sec.gov/Archives/edgar/data/1177648/000090866214000115/xslF345X03/edgar.xml

In doing this, ENTA’s CFO has added to the $12M of exercise-and hold transactions by the CEO (#msg-95887112) and CSO (#msg-95888322) in Jan 2014. Based on those prior exercise-and-hold transactions, I increased my ENTA stake by 20% in January (#msg-95923408), and the bullish signal turned out well insofar as the share price is up sharply since then.