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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST
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To: Icebrg who wrote (611)3/15/2005 5:46:13 PM
From: Icebrg   of 946
 
>> I would really like to know. >>

Yes, it would be interesting. Maybe he is averaging down. :-). According to Yahoo his two most recent share transactions before the current one was:



25-Sep-03  	15,000	CTIC	 Option Exercise at $11.81 per share. (Cost of $177,150)

30-Dec-04  	15,000	CTIC	 Option Exercise at $6.63 per share. (Cost of $99,450)



Is the guy trying to send a signal here? The amount involved this time is small (for him, I guess). Just some 25 kUSD. But still. Looks like a stupid thing to do, unless he knows something, we don't. Which of course he does.

Erik
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