He has a tax liability of close to 3 million. That's why he sold 170,945 shares.
help circulation and increase eyeballs.
rid of the mediocrities in management. This company is worth at least $35 a share. Amag shareholders have been deforested of their money by the antics of you-know-who.
ABT investors have lost $6.7 billion. One suspects it will continue to fall. Meanwhile arrogant management adds to its millions in personal assets. Yes, top management makes million swhile investors lose billions.
Great move CEO Miles. The shorts (your friends?) just made a fortune You can't handle properly what your have. How much more will you investors suffer from your hubris?
It is cheap.
If they think the stock is cheap, why wouldn't they be buying monthly? Has the CEO's pronouncements proven to be accurate? Has he been honest with shareholders?
Interest rates are low and amag could report a profit of over 4 dollars a shares for the year.
It seems ripe for such a move.