Versartis, Inc. (VSAR)

[risk101]

Research still ongoing as of Nov 24th 2017. Results for the phase 3 trial for vrs-317 vital have not been published yet.

[BluSkies]

Open & Closed above the 50MA DOJI time

http://stockcharts.com/h-sc/ui?s=VSAR

[naturalborninvestor]

There seem to be some misconceptions about insider trading here. To put it short, insider trading is not illegal. Only undisclosed insider trading is illegal! Disclosure of insider trading, on the other hand, communicates the informational advantage that insiders naturally possess to all market participants.

[sportd]

80k on the ask
Looks like this is the trading range for today

[Longer Than Most]

“Obscure view of reality”. Wow many YOU are the dick head...

Especially considering how this argument is derived from you have a very singular view of reality without the will to change your opinion even when evidence and facts says otherwise. I am at least willing to hear your points and respond to them. Not obscure reality here as I am even taking in your own “obscure reality”

[Longer Than Most]

11 posts and created in 2016? Research should be the cornerstone of your trading when you first start out. You can never be too confident...

In all my years I haven’t had this argument with anyone Or even seen anyone post such claims so that is why I? am keen on setting the record straight.

That being said, I? have my opinion, which is supported with a lot of research, but it can always be changed if you provide some solid evidence. As of right so though, you are simply telling be it’s illegal without providing links to show that what you are saying is true (which it isn’t)

[Oceanfreedom]

Think it's being controlled/accumulated. Only reason, trading below cash. One more tiny spark. Another 13g ect... it's going

[BluSkies]

WOW! Versartis, Inc. (VSAR): Director Akkaraju Srinivas acquired 976467 shares for $2,115,408.

http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12416635-1036-10712&type=sect&TabIndex=2&companyid=849763&ppu=%252fdefault.aspx%253fcik%253d1513818

[naturalborninvestor]

Don't get your point. The reason behind filing a form 4 is full disclosure and thereby "legalize" the insider transaction. There is neither a lockup period nor a quiet period and news, if any, could be released at any time.

[BluSkies]

I am not quite sure why this is still at the current price per share and market cap. There is in my opinion a lot of public information to back up that insider purchase.

http://ir.versartis.com/releasedetail.cfm?ReleaseID=1045667&corpSection=NR

[Longer Than Most]

Lol ok so what material event have been leaked here then to make this illegal insider trading?

[ERICBOCKEM]

The first paragraph from your link:

What is 'Insider Trading'
Insider trading is the buying or selling of a security by someone who has access to material nonpublic information about the security. Insider trading can be illegal or legal depending on when the insider makes the trade. “It is illegal when the material information is still nonpublic.”

If a buyout, reverse merger or extremely positive safety data isn’t “material information that is still non public” I cannot imagine what inside information looks like.

Martha Stewart went to prison over a $45k tip. If this doubled on favorable information — the insider in this case would pocket a couple million off of “material information that is still non public”.

I am an investor in this company and would love to have this type of “inside information”. I don’t and therefore am not an insider that is trading on insider information.

Make sense??

[loup]

buy till it reaches7.00 and wait. we have a block of shares that we will not sell until it reaches at least 14.00

[Longer Than Most]

https://www.investopedia.com/terms/i/insidertrading.asp

“Legal insider trading happens when directors of the company purchase or sell shares, but they disclose their transactions legally.”


Lots of people like to trade based on insider purchases as it usually means things to come but not always. Sometimes insiders behave like any regular person and buy when they get more money or when they think the price is a good price to buy at, and they can be very wrong. In this case though, it is already very oversold and the insider bought around $900k worth! That just spells confidence there and is confirmation that this isn’t some impulsive purchase.

FYI just type in insider trading transactions and find a site that shows the buys and sells. They have to report the transaction publicly within 2 days (I? think). I? sometime watch big purchase over a long period and enjoy seeing many of them do some great things!

[Longer Than Most]

Lol that isn’t insider trading

[ERICBOCKEM]

Should mean jail but you are absolutely correct—99 percent of the time it means nothing.

[BluSkies]

What difference does it make in time if one way or another they know everything lol

[BluSkies]

Tested support today tomorrow should be exciting imo

[ERICBOCKEM]

Great news is that the insider is buying and not selling. Bad news is that nothing can happen too quickly at this point or he is going to jail for insider trading. I suspect we are a month or two out before news at this point.

[sportd]

Next pop we see 2.50

[BluSkies]

The bids here are amazing imo

[Longer Than Most]

Great oversold chart with momentum only really just starting now.
Price is just around the bottom of ichi cloud.
Massive gap to fill above $20.
$3 per share in cash.
Insider bought nearly $1M worth of stock in the last week.
No news for quite a while so something must be soon.

Seems like a good lotto play to me!

[BluSkies]

This is my lotto play

[Longer Than Most]

They should let the gap fill imo. Would rip after that

[Longer Than Most]

I? definitely see this heating up before then. Maybe not to the exponential levels I?m talking about but this is definitely well on its way.

Gap to fill @$2.10 so I? wouldn’t be surprised to see this dip to there quickly so the chart feels safer in the long term.

[BluSkies]

Insiders loaded a lot! Let's see that run before xmas!

[Longer Than Most]

I’ve seen way crazier runs and I? think that once momentum kicks in, this could rally well beyond 100% gains past 4/5$

[BluSkies]

Looking good here! Imo

Closed above 50MA & opened above 50MA this will soar! Maybe back to $4-$5 or so but still - in my opinion!

[sportd]

l2 shifting upward

[naturalborninvestor]

760k share trade in pre market! Something's up...

[loup]

Buy to 7.00 per share

jmho

[sportd]

Buying has kicked in the last few sessions with some large buys. Insiders buyin it up!

[naturalborninvestor]

In October? Phase 3 drug didn't meet primary endpoint. But the drug still worked pretty well, has some very competitive advantage and the study was designed in a way that couldn't really be surpassed (comparing bi-monthly intake vs. daily intake from competition in hormone therapy application). In short, speculation is that VSAR is still a valuable reverse merger / acquisition candidate. A series of events seems to back that theory. and they are sitting on $3 cash per share.

[Trading4it]

Drop?? Is up 16% during RH's and another 2% AH's (5:44 pm / 16K in total Vol thus far in AH's)

[BluSkies]

Why did this drop?

[Trading4it]

The SEC filing was alerted

[BluSkies]

Alerts from where?

[sportd]

I added this am! Looking good

[Longer Than Most]

I? think it’s well on its way. Daily chart will be entering the bottom of the ichi cloud. We’ll see if this sees a bit of a surge over the next few days. The tide is turning here at VSAR. Took a starter at 2.20 and plan on going pretty long with this one

[sportd]

Seems like big short interest here, need some positive news and we see $6+ fast

[sportd]

Yes back to looking good this am!

[Longer Than Most]

People going to start catching onto this one. Just look at the 3 month. Lots of room to run

[Longer Than Most]

2.35 premarket already. Could see $3 today

[Longer Than Most]

That’s a massive buy. Been almost 3 months since failed trial so news should be soon. Charts look primed for tomorrow, I? think this could run on the insider buying news alone...

[sportd]

Guess that was the increase the other day. It’s a good sign if a director laid down a chunk of $$$. He must know good things comin $vsar

[Longer Than Most]

Oh wow that’s good news for tomorrow I’d say !
Nice dip and consolidation today that could make for a perfect setup here. Especially considering how oversold this is...was 20$ less than 3 months ago

[Trading4it]

alerts didnt start showing up till about 7:45pm.

[Longer Than Most]

Nice. What time was that filed at?

I? guess we know why the big surge a few days ago

[Trading4it]

Director Akkaraju Srinivas Insider purchase 976,467 shrs https://www.sec.gov/Archives/edgar/data/1253170/000120919117064066/xslF345X03/doc4.xml

[naturalborninvestor]

It's good to see heads rolling. Makes it more likely that VSAR will be bought up. NewCo would want to install its own management.