Replies to post #196 on Ironwood Pharmaceuticals Inc (IRWD)

[brownsfan407]

did he sell so he could buy SGYP on the sly? because there is more of an arbitrage? Why sell 200 k if the price is going up?

[chemist99]

only fools post lies that are easy to disprove:

If you had checked yahoo finance or nadaq.com, you would know he executed options:

HECHT PETER M Officer: 03/17/2015 Sell direct 125,000 at $15.6100, 4,141,417 shares owned post transaction
HECHT PETER M Officer 03/17/2015 Option Execute direct 125,000 at $1.5600, 4,266,417 shares owned post transaction

option price executed was $1.56, so those are evidently pretty old, pre-IPO options that probably came up on their expiration date.

Read more: http://www.nasdaq.com/symbol/irwd/insider-trades#ixzz3V1lqeBBv

As for share ownership (s. above, >4 million shares): to put it in perspective, the CEO of IRWD owns more shares than 141 of the 150 institutional investors in IRWD, compare:

http://www.nasdaq.com/symbol/irwd/institutional-holdings

I would encourage you to look up the CEO salaries for the CEO of IRWD, a company with a (profitable) product on the market, and the CEO of SGYP, a company with no FDA approved product, in the relevant SEC filings.

that's the real eye opener, IMHO.

Good luck !