CryoPort Inc (CYRX)

[coldasice]

From a psychological point of view, it doesn't help to see the CEO selling.
In the scheme of things, the dollar amount is small, and he still has over 1.4 million options he could exercise.


First, It shouldn't really come as big surprise, PB filed a pending sale of shares a while ago, to be exact 9/17/2008. If you have E-trade you could see it there.

"Date Name-Position Transaction Shares Price Range ($) Shares Held Mkt Value
9/17/08 Berry Peter
Chief Executive Officer Planned Sale 40,000 -- – -- -- $32.0 K


If you think about the day he sold his shares, it was on the 160,000 volume surge.
Its possible that sale was a set up to create liquidity. We've done more volume this month at this point than we did the whole month of November.
Not unusual for a small company to have directors sell shares to the public to create liquidity.

It could also be for tax year ending purposes.

Maybe he's stepping aside. Remember we just put a new chairman on


Its possible from the volume we witnessed today of 69,000 shares, he's still selling.
At least we know who our seller is, unfortunately we don't know why he's selling.
Perhaps an e-mail to IR department tomorrow would help.

GLTA

RMS