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DewDiligence

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DewDiligence

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Re: DewDiligence post# 5523

Wednesday, 08/08/2012 2:32:19 PM

Wednesday, August 08, 2012 2:32:19 PM

Post# of 30493
PKI’s CEO, Robert Friel, sold $1.4M worth of stock at $28 on 8/7/12 under a recently-established 10b5-1 plan:

http://www.sec.gov/Archives/edgar/data/31791/000118143112044286/xslF345X03/rrd352833.xml

Inasmuch as Friel still holds 510K shares, the sale amounted to only 9% of Friel’s pre-sale holding. Still, I never like insider selling of any kind, so I consider this transaction somewhat bearish.

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

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