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DewDiligence

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DewDiligence

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Re: jbog post# 223367

Friday, 01/25/2019 3:49:01 PM

Friday, January 25, 2019 3:49:01 PM

Post# of 257458

ENTA—Someone [exercising] at $34 isn't really risky…

The salient point isn’t the risk of the stock falling below $34, but rather the insider’s willingness to immediately pay the tax liability from exercising in order to own more shares.

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

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