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Re: raja48185 post# 88336

Thursday, 12/20/2018 9:54:59 AM

Thursday, December 20, 2018 9:54:59 AM

Post# of 108192
Thursday morning rumination:
I was expecting higher selling pressure after the NEO dumping. I thought Amgen would be dumping their 3M shares immediately, maybe thy did maybe they did not. Now I started to think they might have dumped their shares before handing the news to Advaxis. If I were Amgen, I would do the same - I’d sell forts, and then send a notice to the partner. After all, they were no longer insiders, and do not need to file Form 4. It looks like someone knew that and used this information to short and/or unload shares. This explains the continuous pressure on the share price for the past month or two.
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  • 6M
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