Seeking Alpha

Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael...

Mellanox (MLNX -6.4%) is having a rough day after announcing CEO Eyal Waldman and CFO Michael Gray have adopted Rule 10b5-1 trading plans. Waldman's plan will allow him to sell (through a general partnership) 169.1K shares starting in January, and Gray's plan will allow him to sell 55.5K shares. Mellanox was crushed last week after providing soft Q4 guidance, though shares are still up over 100% YTD. (PR)
From other sites
Comments (1)
  • Phil in OKC
    , contributor
    Comments (99) | Send Message
     
    I watched a video on the antics of this wild and crazy CEO a few months ago, and sold my shares of MLNX long before the crash. I have zero confidence in the current CEO/CFO team to even think about re-buying this company.
    23 Oct 2012, 01:31 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs