Replies to post #7172 on Seelos Therapeutics Inc (SEEL)

[firez1287]

Insiders buying little shares don't really mean a lot. I want to see a bank or hedge fund buys it.

[Dimitrios George]

Their purchases are a show of good faith.

Martin 20K
Pascoe 35K
Rusty Ray 5K

However, I too would have liked to have seen more shares purchased. These appear to be Martin's first shares! Pascoe, I am sure, will get stock as payment or bonus.

For the money the Greek (obviously no disrespect) on the board gets as CEO of Regulus, it baffles me why he is on a program to routinely sell in small chunks the 100K shares he got for agreeing to become a board member.

I imagine Damaj is a pretty unhappy camper. Just before "his" dilution in Feb 2012 he had $8M worth of stock. Now he has just half that.

[$hellKing]

Yes thats really not all that much between them. Probably like putting a few percent back in compared to what they received other ways.