Maybe he's not sending a message to stockholders, maybe he's telling Biogen...
$375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million $375 million
It seems to me that the scheduled purchases were the result of a simple calculation of Y shares over X weeks. All we can confirm, at this point, is 750 sh/wk. Might he be done now that he has an even 1,010,000 shares? We'll soon see... Isn't it curious that we were at exactly 30 days until their CTAD presentation from his recent (final?) purchase? Hmmm...
CEO buying stock is a great vote of confidence in the company, especially when it is part of a scheduled purchase plan. Tells you everything is progressing as planned. And since the purchases have been going on for weeks, it is not based on an imminent deal being signed. But you knew all that, right, MM employee, trying to scare up shares?