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DewDiligence

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DewDiligence

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Re: biomaven0 post# 103419

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

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

Post# of 257566
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!”

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