Occasionally people sell stock to get cash for whatever reason at the time. Or to diversify if most of their wealth is in the company they work for. Nothing negative about those reasons that I can think of. I'm sure it wasn't his entire holding.
May be a slow uptake but if one or two procedures are enabled by this tool that have widespread need it will be taken up much more rapidly.
I don't know, it could still be pretty.
Since July of 2012 I've seen the stock go from $1 to $7, then drop like a rock to intraday low of $1.81, then recover and go to new high of $8.80 and now drop to low $5's. There was great growth, performance and news during the whole time (excepting the FDA letter). Bottom line is that MDXG is up 500% in that time. Who knows what news might come out to drive the price to $7 or higher or possibly down even lower.
But I'm betting on this product and management I expect we will continue to see great news and growth and the PPS will ultimately follow.
Sentiment: Strong Buy
It will get noticed eventually. Hopefully it doesn't dilute in the meantime.
As other posters have mentioned, some partner has to find a "volume" use for this great platform that can't be done without it. Then everyone will notice and likely someone will buy the company.
(Or at least the price will go up in anticipation of it.)
He sold it to get cash to turn around and exercise options and increase his shares held.
It's good the CEO wants to hold more shares.
Do you know how someone can participate in this S-1 or what is the minimum shares required to participate?
I agree with tipsmaster.
If you don't know much or care about this stock why don't you go write on some other board.
Does anyone know if there is a way to get a yahoo moderator to block people who are nothing more than distractions from boards?
Or remember what month last year we got 2014 guidance?