I wrote IR and this was there response to me:The 236,517 shares sold by selling stockholders relates to stock options held by one officer and three directors, which stock options would otherwise have expired within the next 15 months. The Company and those persons determined that there were limited opportunities for them to exercise those options, and sell those shares to pay the exercise price, during the next 15 months (i.e. the trading windows for executives of a public biotech company are typically shut as they often have access to information that is not in the public realm). Given the fact that we were at a point with the financing that all material information was public, the window was open for this transaction.
Please note - all of the selling stockholders continue to own both stock and/or have additional options outside this expiration date that they continue to hold. They are fully vested in the future of Celldex.
If you have questions, please let me know.
Vice President of Investor Relations &
cougar, I need not explain my finances to you which I'm willing to match my bank account against yours anytime. But since you are very thick I'll say it one more time. My first 20K shares that I own is at an average cost of 6.40 which I own since 2009. The longs on this board know me . As for arrogance, their is no one more arrogant then you while you tell everyone on this board what a bad investment this company is. Why don't you leave and find another stock to short and leave CLDX to real men. Not wimps like yourself.
How come morons like you only show up on down days? When the shares turn up you'll crawl back under your rock.
Remember whip, the time to buy is when there's blood in the streets. All the bio's are being hit. You've been here long enough to know that this will turn around. I'm confident when I see all these shorts on the board.
just look at the IBB. Also ACAD which if you've been watching trades in line with cldx. Actually they are trading exactly the same price as of a few moments ago. It has nothing to do with the director sales no matter what douche bags like Cougar and a few of the Newbie shorts that have magically turned up telling doom and gloom. I guess if your a long term holder it doesn't matter, does it?
Ray, do you really believe what that idiot has to say? He bad mouths cldx to his own purpose. That #$%$ isn't worth the effort.