MDGN—Yes, these are real purchases, but I'm not certain they're bullish. That insiders purchased shares through the public offering could be construed as implying there wasn't sufficient demand from institutional investors to fill the offering.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.