FWIW I believe the stock has discounted the fact that Medac will enter the market. In the event that Antares gets a favorable ruling (delaying Medac or garnering a royalty, etc), it could send the stock up 10% or more in my opinion.
Jab I agree that the insider buys were a sign of good things to come and also was badly needed as a sign of confidence in the company. The litigation will take a long time as the wheels of justice grind very slowly. I just hope in the end that they do not wind up with a draw after spending millions.