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Old 10-27-2006, 11:58 PM #11
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kingrex kingrex is offline
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Join Date: Sep 2006
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kingrex kingrex is offline
Junior Member
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Join Date: Sep 2006
Location: South Florida
Posts: 97
15 yr Member
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Quote:
Originally Posted by SallyC View Post
Didn't some of the big wigs at Biogen dump some Tysabri stock, before they announced the PML deaths and stopped the sale of TY? They played it down as business as usual, but it didn't smell right.
That is classic insider trading, Sally, and it's illegal. That's why Martha Stewart went to jail. If they're not in jail, then it didn't happen. Sounds like a message board legend.

Insiders have to register in advance to sell shares...they can't just decide on the fly to dump shares today before tomorrow's bad news comes out. I think it's 30 days.
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