Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : VVUS: VIVUS INC. (NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: AlienTech who wrote (6912)	4/13/1998 5:13:00 PM
From: qz	Respond to of 23519

why didn't these insiders sell their shares to vivus for $14+ during its buy back for a 26% addition gain, or to be responsible, sell their shares to vivus at $11+??

To: AlienTech who wrote (6912)	4/13/1998 5:34:00 PM
From: VLAD	Read Replies (3) \| Respond to of 23519

Alien, I already knew about the one person selling in February in the 11's. This sale is meaningless until you find out more info eg did this person perhaps have stock options he needed to exercise soon? He may have sold shares because he knew the earnings would not beat estimates and will now execute the options at a lower price. Many other explanations are possible. Still holding long and will not bail. PS don't put in stop losses, the MMs probably dropped this sucker below 5/8 to buy up the stops and cover lower. Also will want all those April 10 calls expire worthless. VLAD VLAD