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Biotech / Medical : Cell Therapeutics (CTIC)

CTIC 9.090

0.0%

Jun 26 5:00 PM EST

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To: Sam Citron who wrote (633)	3/17/2005 7:14:48 PM
From: IRWIN JAMES FRANKEL	Read Replies (1) of 946

I find pgs's cynicism refreshing and insightful. The inference to be drawn from insider buying is well known. It is also well known that multiple insider buys is even more positive. I am personally convinced that corporate sharpies use these inferences to skin the simple. If you could ever prove that the insider buying was orchestrated for the purpose of defrauding the investing public it would make a wonderful RICO case. None of these comments are intended to suggest wrongdoing on the part of CTIC insiders. I have no reason to think the theory applies to them. ij

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