Antares Pharma, Inc. (ATRS)

[jab91252]

I think what learning curve may be referring to are the Form 4 filings by those insiders, meaning they were able to buy shares because they are not in possession of material non-public news (or meaning 'nothing material is going on' which enabled their purchases.

I have noted in the past that if we see insider buying, it can very well mean, 'nothing is going on.'

Lets look at who bought recently - 5 insiders and all of them are what I call second tier front liners - all are on the Board of Directors (Roche, Gueth, Garrity, Jacob and Samson). They were able to purchase their shares after earnings during the 'open window.' And they were able to buy because they received in house clearance from the corporate governance committee after confirming they themselves were not currently in possession of material non-public information.

Who did not buy?? None of the front liners on management side - Hobbs, Apple, Sadowski and Jooste to name a few. Why did they not buy during this open window after earnings release? Most likely because those insiders were and are in possession of material non-public information.