Rohan Palekar, Chief Commercial Officer at MEDIVATION, INC. (MDVN), sold 7,500 shares at $16.05 ($120K) on 2011-03-21, disclosed to the SEC on 2011-03-22.
Scheduled sale ($120k) by Chief Commercial Officer 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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