David Hung, President and CEO at MEDIVATION, INC. (MDVN), sold 50,000 shares at $57.92 ($2.9M) on 2012-10-04, disclosed to the SEC on 2012-10-05.
Scheduled sale ($2.9M) by President and CEO under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
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