Mark B. Skaletsky, Director at ADVANCED MAGNETICS INC (AMAG), sold 20,000 shares at $56.42 ($1.1M) on 2007-03-08, disclosed to the SEC on 2007-03-09.
Scheduled sale ($1.1M) by Director under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $56.42 | 1,505 | $85K | 7.5% |
| 2 | $56.51 | 3,495 | $198K | 17.4% |
| 3 | $56.80 | 7,000 | $398K | 35.0% |
| 4 | $57.10 | 8,000 | $457K | 40.2% |
| Total | $56.84 avg | 20,000 | $1.1M | 100% |