The stock went to $ 3.00 and they did not sell !. Climbed to up 2.58 last month from 1.23 again. They are up 400% and holding on. Guess they don't want profits yet !
Sentiment: Strong Buy
I agree with stockwatcher in that insiders sell for a variety of reasons, but IMO, insider selling is usually not a good sign as it indicates "trouble ahead". Plus, why sell at $3 or $2.58, when you can sell at $4, $5, $10, etc....down the road?
Sometimes they sell for just having some spending cash, For Cars, Pools, Vacations because working hard to get this product approved keeps them there !