While OPK was selling, directors were buying. Could make money in Frost's wake. Is anybody here?
Frost leaves either because he can't have all the toys, or there truly is nothing there. Insiders seem to belie the fact that there's nothing there and sending symbolic buying messages is nice and all, but these directors bought SRNE directly in the face of OPK selling. Something more than symbolic about that.
I agree. OPK has wanted out for some time and they are using the recent liquidity to do so. This has absolutely nothing to do with the long term prospects of the stock. The insider buying is nice to see but until OPK is done selling the stock price will mostly likely have a hard time making a lot of headway. I expect once OPK is done to see SRNE have a nice run up. Stay tuned the long term story looks very good.