Replies to post #185567 on Biotech Values

[jbog]

Stockbettor,

Last Jan the same CSO purchased and held 129k shares at a price of $94k. Then over the next few months he sold 40k shares for a little more than $1.5 mil and I'll have to assume it was to cover his tax burden.

So just like last year, I'll guess his hold is only temporary.