Replies to post #103124 on Biotech Values

[EyeamBill]

Painful To Watch

Indeed. Yesterday it was one of the worst 10 performers on all of NASDAQ. Worst 10! And that's despite any news whatsoever. What are there, over 2,500 stocks traded on the NASDAQ? Why it's going down is one thing; why it's among the worst 10 of the day out of over 2,500 (if my memory is correct) is really perplexing.

It looks like I'll get a chance to buy in the sub-$14 range if this trend continues.

[go seek]

IMO it is forced selling of MNTA... from weak hands
remember a ton of people bought in the $18-$26 range.

[DewDiligence]

Maybe insiders are still selling…

Insiders sold tiny amounts this week under 10b5-1 plans. Here are the details:

• John Bishop: sold 284 shares (still owns 49,000 shares and 122,000 options)

• Steve Brugger: sold 457 shares (still owns 209,000 shares and 246,000 options)

• James Roach: sold 192 shares (still owns 18,000 shares and 205,000 otpions)

• Rick Shea: sold 172 shares (still owns 40,000 shares and 249,000 options)

• Ganesh Venkataraman: sold 182 shares (still owns 342,000 shares and 189,000 options)

• Craig Wheeler sold 2,109 shares (still owns 343,000 shares and 675,000 options)