Biotech Values

[biomaven0]

>>the “virtual” buying of shares when an insider exercises options and holds the shares is not subject to insider-trading rules, and hence it may be done even when an insider does possess material non-public information.

Good point, but I suspect you are attributing a level of sophistication to these executives that is likely not there at all (outside perhaps that of the investment banks executives).

One could certainly explain this issue to them, but the chances of them figuring this point out on their own (even with their allegedly sophisticated high-end brokers to advise them) is close to zero based on my experience with these folks.

Peter