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Edwards Lifesciences Corp. Message Board

  • marketbuy2002 marketbuy2002 May 17, 2013 1:14 PM Flag

    Insiders Dumping!

    While management falsely hyped up their growth projections and doing massive stock buy back worth $500M, insiders are dumping...! Perhaps Wall Street is catching on? The CEO is so convinced (not!) with the company's future by buying up $5M worth of stock with his own money but lets not forget that he's also UNLOADING his "timed" sales with his options. Lets not also forget that he unloaded his "timed" shares BEFORE he had announced his revised revenues forecast for 2013. How convenient!! Great timing I must say!

    With another inflated $750M of company's stock buyback program, it only inflates insiders pocketbooks while they DUMP their shares! This will end up badly. Either the BODs are confident in the future of the company, or they are outright ignorant in managing their business. If the former, can you say "CLASS ACTION LAWSUIT"?

    This is biotech investing at its finest....!!

96.16+3.960(+4.30%)Oct 28 4:02 PMEDT