You want to see a "bailout," look at Nike (NKE) insider sales reported in July (just when they called a conference to tout how the company was going great guns!):
CFO sold 20,000 of his 21,000 class b shares
VP Law sold 25,000 of his 28,000 class b shares
VP sold 56,000 of his 57,000 class b shares
COO sold 20,000 of his 21,000 class b shares
Secy sold 154,000 of his 611,000 class b shares
Nothing that has happened with ASND insider selling is remotely close to this kind of sell-off.
Incidentally, and unlike what happened with Nike, no ASND insider sold in July when they said it was doing well.
Gary Korn |
