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Affymax, Inc. Message Board

  • longfcel longfcel Oct 11, 2012 5:17 PM Flag

    I found out a nice thing longs: "Rule 10b5-1" on yesterday's Forms 4

    Talking about directors' Forms 4 yesterday came out.
    Didn't notice at first.
    Just look at notes (1) and (2).
    They're all included on "Rule 10b5-1" trading plan.
    So why that?
    Because they're not allowed to trade near major events.
    They decided months ago to take some profits on these days, when manually they couldn't.
    A major event is approaching, and nefore they decided so because of each own personal reason.
    Exerciced ***FEW*** stock options, and that's it.

    Only an im.becile would hold 100% forever, never selling one, even when you have a bomb like this.

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