lowtrade

[bornlong]

Hi Low,

I'm confused by CORT. Chart looks to continue to support at 2.50. Lots of insider buys over the past 2 months at or above the median price for the day but no appreciable PPS movement. When they stop the price begins to fall.

Almost seems as though insiders are intentionally holding the price up. Do you think dilution? Same insider made several larage private placements months earlier (see sharp increases in pps). Why buy on the open market now?

Several colleagues are going heavy into this. I'm trying to understand.

Thanks in advance.