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Re: urche post# 3594

Tuesday, 11/02/2010 12:16:04 AM

Tuesday, November 02, 2010 12:16:04 AM

Post# of 3757

What are his reporting requirements if he chooses to sell shares? How soon would we know?

In general, the SEC rule is that former insiders need to report only the sale of shares acquired while they were insiders that were held less than six months. Since few if any of JP’s shareholdings fit this description, we probably won't know what JP is doing with his shares.

I would suggest, however, that the trading volume in IDIX is too small for it to be practical for JP to unload a significant portion of his holdings on the open market.

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

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y