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Six possible reasons the CSO of HGEN sold

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jimmy667   Saturday, 06/05/21 01:00:06 AM
Re: misiu143 post# 169159
Post # of 184919 
Six possible reasons the CSO of HGEN sold $7 million of HGEN shares right after filing for EUA.
1. He knows FDA is suppressing all Non hospital Covid drugs.
2 He knows FDA is suppressing all Non BP Covid drugs.
3 He knows HGEN will not be able to supply the drug in meaningful quantities.
4. He knows HGEN drug only has application to a very narrow subset of patients.
5. He knows that the way the trial of HGEN drug was engineered it met p values on a non significant clinical outcome.
6. He is aware of Cameron Durrants history going way back as a pump and dump artist and dilution by allowing the Hedgies that buy the secondary offering to short the stock before the offering with knowledge and subscription to the offering and then cover with the newly issued shares. Wall street's dirtiest BIG but perfectly legal rip off shenanigan secret. Dr Durrant was the reason I never gave a single thought to investing in KBIO/HGEN. I know his history going back many many years.

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