InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,344.39
(
0.00%
)
US TECH 100
18,066.40
(
0.28%
)
Dow Jones
39,357.01
(
-0.36%
)
Brent Oil
81.30
(
-0.38%
)
Bitcoin
59,124.72
(
-0.39%
)
Post# of 252864
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 835
Posts 120262
Boards Moderated 18
Alias Born 09/05/2002

DewDiligence

Member Level

Re: biomaven0 post# 103419

Sunday, 02/20/2011 3:19:34 PM

Sunday, February 20, 2011 3:19:34 PM

Post# of 252864
James Sulat, MNTA’s Chairman, exercised and held 7,000 shares a few days ago:

http://sec.gov/Archives/edgar/data/1229448/000117911011002876/xslF345X03/edgar.xml

The dollar amount of the holding is relatively small, and other insiders continue to sell under their 10b5-1 plans. Hence, my interpretation of Sulat’s exercise-and-hold transaction is that Sulat wanted to own a few shares outright for cosmetic reasons.

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

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up