Replies to post #103345 on Biotech Values

[DewDiligence]

In your scenario, for the insider to benefit it would need to be an exercise and hold, which is a very rare transaction.

Exercise and hold is precisely what I’m referring to. The Waksal brothers exercised options and held the resulting shares worth several millions of dollars in the summer of 2001, a couple of months before announcing the blockbuster Erbitux deal with BMY.