Biotech Values

[drbio45]

Question: shouldn't you be buying more CRTX stock while there is overhang from "prospect partners" which is keeping the price lower? Or do you expect the selling to drive the shares down ever lower to $2 before the seller is done? After the seller is gone the price will bounce up and I'd hate to chase the price as it rises quickly[/]

I bought a boatload just before he filed that he sold half of his position because I felt it had gotten too cheap. I did that without the facts. Now with my eyes open I can't buy more knowing he has more to sell.

I believe there was a 300 thousand share block towards the end of the day and 238 thousand after hours. It is possible he has sold out on Friday, it traded almost 2 million shares. I am sure the company is working on trying to find funds to take him out.