“Professional” Short Sell “Activist” Can’t Tell the Difference from a SEC Form 144 and Form 4

One of everybody’s favorite short sellers tweeted on Twitter about Ran Poliakine’s recent form 144 filing.

A screenshot is below:

What he has failed to take into account is that a form 144 is intent to sale. Form 4s need to still be filed if a transaction has went through. Most likely Ran wanted to sale a small percentage of his shares thinking that FDA approval was going to go through early March. This hasn’t happened and it looks to me that a Form 4 wasn’t filled.

However, this tweet makes it sound like a form 4 have been filled when it wasn’t and seems to be intentionally misleading. If one can’t tell apart SEC forms and filings, I question their professional capabilities to release an investigative report on a company.

I do engage in research related to the sensory tech and medical device industry. However, I hold no relations to Nanox Imaging or working with Nanox Imaging. My only current conflict of interest is being long on its stock.

Disclosure: Please keep in mind, everything I say is on an opinion based basis. This is not meant to be taken seriously or as actionable financial advice. Do your own due diligence and any trades/investments you do is at your own risk. We are not responsible, proceed with caution and we are trying to voice an opinion not meant to warrant action. This is solely meant to be viewed as a non actionable opinion not meant to be taken as seriously or as a form of actionable advice.