Richard W. Pascoe, President and CEO at Somaxon Pharmaceuticals, Inc. (SOMX), sold 62,000 shares at $3.03 ($188K) on 2010-02-05, disclosed to the SEC on 2010-02-09.
Scheduled sale ($188k) 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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