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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Dave O. who wrote (62)11/23/1996 4:45:00 PM
From: Art Baer   of 1172
 
< I doubt a 1000 share buy by an
insider will do anything for the stock.>
I agree. It probally won't do much. But the point is that this purchase shows that an insider values the stock at a certain level. The insider feels, 1) It is a good buy, otherwise he would not have purchased and 2) The stock will go up. Be it tomorrow, or next month, but some time in the forseeable future there are nice horizons for CMTR.
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