Actually that is pretty interesting and a good sign IMO. Though he lost 15% just today and who knows what his average price might be? I wonder if he is an individual investor or tied to some hedge fund or other entity? You don't throw $5 million at a company that is going under unless you know something?
I will have to google and look at Linked In to see if I can find anything about him though I wish he didn't have such a common name. To me it gives us a little hope, but at this point we need more then hope. Thanks for posting.
Jim is the Managing Partner of Deerfield. He joined Deerfield in 2000, focusing on pharmaceutical companies and gradually assuming broader responsibility throughout the firm. In 2004 Jim began co-managing the firm with Deerfield’s founder, Arnold Snider.
Since 2009, Jim has served as the Chairman of the Quality Committee of the Board of Trustees of Continuum Health Partners until its merger in 2013 with Mount Sinai Health System, where he continues to serve on the Board of Trustees. He also serves on the Board of Trustees of the New York Academy of Medicine. He holds a B.S. in Cellular and Molecular Biology and Economics from the University of Michigan.
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