posted
Wow...liking this pharma company a lot right now. Invested nicely in here at $11.05
Look at form 4 just filed:
Common Stock 12/12/2006 P 130,000 A $10.7 7,507,378 I See footnote ( 1 ) Common Stock 12/13/2006 P 15,000 A $10.79 7,522,378 I See footnote ( 1 ) Common Stock 12/13/2006 P 205,000 A $10.9 7,727,378 I See footnote ( 1 )
That's $3,787,350 out of this guys pocket. Who wants to bet that their drug is going to do awesome!
Company statistics Average Volume (3 month)3: 720,137 Average Volume (10 day)3: 532,025 Shares Outstanding: 79.23M Float: 72.57M % Held by Insiders4: 33.88% % Held by Institutions4: 92.10% Shares Short (as of 10-Nov-06)3: 8.25M Short Ratio (as of 10-Nov-06)3: 11.9 Short % of Float (as of 10-Nov-06)3: 10.70% Shares Short (prior month)3: 7.58M
52 week range 7.78 - 14.00
-------------------- Disclaimer: Not accountable for anything I say
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posted
Looking at the footnotes I was a bit confused on this one. The most recent form 4 footnotes make it look like it's not a single person buying, but a fund, but I'm not sure if I am reading it wrong.
All of the other form 4s that I saw were insiders executing options and immediately dumping them.
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