Actually, it’s somewhat bullish that Adage reported yesterday’s and today’s sales before they were required to do so under SEC regulations for 10%+ shareholders. (Adage could have waited until tomorrow to report yesterday’s sales, and they could have waited until Thursday to report today’s sales.)
From Adage’s reporting yesterday’s and today’s sales earlier than required, it’s reasonable to infer that Adage is done selling—at least for the time being.
I.e., if Adage were planning to continue selling tomorrow, they wouldn’t have wanted to disclose the full magnitude of their recent sales any earlier than necessary.
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