Replies to post #37210 on Cel Sci Corporation (CVM)

[bluepelican]

Are there times and employee would sell stock to exercise stock options? Even though employees have options to purchase stock they still need to pay for the price of the stock at the option price?

Maybe?

[BRMachine]

Or he’s a poor gambler with a rich poker habit. The point is, people sell investments to make money for lots of reasons. He has a track record of selling shares once or twice a year, which he is allowed to do.

It’s his money and he wants cash now. For him a little cash now is better than (maybe) a lot of cash later.

I don’t think one insider selling, with a history of selling shares, is a big deal. If several more start selling, then I would be concerned. Don’t forget, in tough times a lot of CVM execs took shares instead of salary.

This also tells us that he isn’t privy to non public knowledge, so CVM is still blinded.