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Biotech / Medical : Nitinol Medical (NASDAQ: NMTI)

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From: jeeee42/18/2010 11:07:46 AM
   of 18
 
Insiders are buying NMTI Nmt Medical Inc
Hanley Daniel F Md (Director) Buy 10,000 2.15 $21,500 09:47:16 2010-02-16

Davis Richard E (Chief Operating Officer & CFO) Buy 411,650 2.15 25,047 09:47:35 2010-02-16

Mahoney James J Jr (Director) Buy 11,650 2.15 425,047 09:47:54 2010-02-16

This is with their own money on the open market. Recent additional financing obtained at $2.15 plus warants for more at $2.90 So it seems the insiders think the $2.90 number is reachable (making the buy a good deal).
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