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DewDiligence

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DewDiligence

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Re: DewDiligence post# 172423

Monday, 01/13/2014 4:37:50 PM

Monday, January 13, 2014 4:37:50 PM

Post# of 257282
ENTA's CEO Jay Luly exercised and held 250,000 options—about $8M worth of stock—on 1/10/14 (last Friday, the same day as the 8-K filing about the BoD resignations):

http://www.sec.gov/Archives/edgar/data/1177648/000090866214000019/xslF345X03/edgar.xml

That Luly is holding the execised shares rather than selling them is quite bullish, of course. (The options in question did not expire until Jul and Dec 2014.)

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

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