Replies to post #389 on Transcept Pharmaceuticals Inc (TSPT)

[Sil]

One can have a lots of reasons to sale, but one one reason to buy. Looks like this was his time frame. Maybe some personal plans or something. Everyone knows pps is going north big time from here.
next stop 12. GO TSPT

[manny t]

TSPT,

He set up a 10b5-1 selling plan and that's why he sold.

Not a bad idea to sell some shares.

He still has 63,900 shares in options and derivatives available,and over 30,000 in trusts.

http://www.secform4.com/filings/1178711/000118143111057709.htm

Manny

[kris_kade]

That's why it's called 'automatic' and not direct...usually automatic sales and options are planned in advance with no reference to market timing.