talk about adding insult to injury, Carter is still selling shares, per SEC filing last week.
pleaes go to the source to view this filing sec.org, not some paid website... Carter and others sold over 200K shares last week between 1/9 & 1/11.. facts are facts, i just report them, not alter them. .
He doesn't have to.
He makes $ 1.5 million a year and he just gave himself a raise because other companies who have similar items on the balance sheet pay their employees a similar amount.
It makes sense.
1. Get bad news from the FDA.
2. Keep your mouth shut, promote the heck out of the fact that the NDA has been filed and accepted. Stock goes up.
3. Sell stock, improve balance sheet.
4. Public finds out about the bad news and the stock price drops.
Failure all over the place but the balance sheet looks better.
Based on that, Carter gives himself a nice bonus.
Bring on the lawsuits !