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Protalix BioTherapeutics, Inc. (PLX) Message Board

  • morelltech morelltech May 7, 2012 11:33 PM Flag

    insider transactions

    Insider Transaction: $PLX Automatic Sale at $7.13 per share of 450000 shares by Officer Aviezer David on 2012-05-02.

    Insider Transaction: $PLX Automatic Sale at $7.13 per share of 166848 shares by Officer Almon Einat Brill on 2012-05-02.

    Insider Transaction: $PLX Automatic Sale at $7.13 per share of 125964 shares by Officer Maimon Yossi on 2012-05-02.

    Insider Transaction: $PLX Automatic Sale at $7.13 per share of 300000 shares by Officer Shaaltiel Yoseph on 2012-05-02.

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    • to conclude this issue I would say that in the coming months we will be able to know if these sales were an indication that some unexpected delayes are going to come or kust an ordinary taking profit by insiders.

      we were told several times that FDA approval will open the door to great opportunities for this company some of them in the short term... lets see what will happen_ I am holding management to their words and representations and I think we should give them a big credit for the FDA approval but now we will see further. Any unexpected delays will be a bad indication inflicting on their recent sale...

    • The options they had been awarded (to be converted into these shares) were for a price of $0.12 - $0.972 per share. Baby companies with no revenue cannot shell out huge salaries. Instead, the cheap options game provides the potential for future personal gain, commensurate with management performance, and also a financial risk in case of poor performance.

 
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