Replies to post #211842 on Biotech Values

[randychub]

Anyone have thoughts on why it is down? Thank you?

[semi_infinite]

I am guessing the company is using their ATM again. Last time was 3.6M shares. I have no shares currently.

[semi_infinite]

CEO was hired late last year with no stock options apparently. She spent $100K in the last few days. I nibbled a little at the same time hedged with july otm cc's. New shareholder like the CEO.

errata - she was given 850000 options with 3.63 strike when hired. I don't know why they didn't include that in the most recent form 4.

http://secfilings.nasdaq.com/filingFrameset.asp?FilingID=11735569&RcvdDate=12/14/2016&CoName=PSIVIDA%20CORP.&FormType=4&View=html