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Biotech / Medical : biotech insider buys

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To: tom pope who wrote (205)6/11/2008 1:45:28 AM
From: Icebrg   of 213
 
No, I don't think so. Not for that reason at least. It is difficult to understand what could be the reason behind that buy. McNab already held a million (!) shares, so another 50.000 will not make much of a difference.

As for a possible bright future (?), the guy is fully loaded with cheap options, so there should be no reason for him to buy more shares to cash in on a future appreciation of the share price.

Erik
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