Pete, thank you for giving us the site insidercow. It seems to give current sales and purchases of stock by insiders. However, it does not look like Baker Brothers have made any sales that I could see, only purchases, massive purchases. Am I missing something on that site? What is amazing to me is that the site shows the last purchase of ACAD by an insider other than the Baker Brothers was in 2009. I am as long as can be; waiting patiently (OK, not so patiently) for Acadia's potential to be realized (I do believe we will see the sunny side of $100), but how could it be that no insiders have thought enough of Acadia's potential to spend a few bucks of their own money on a stock purchase? I may have missed something, or the site may be inaccurate, both possibilities are more attractive than the thought that no one on the BOD wants to purchase stock in their own company.
Sentiment: Strong Buy
Why should they buy in the open market....they get free options and then exercise them and then sell at a huge profit. That's the sh#t that has to stop with these directors!
You know people you are doing exactly what pete wants you to do. Responding to his posts. By doing so, the post will be more and more visible simply by the sheer number of comments on the original post.
Ignore him or at least resist the urge to respond to him.
Pete, you wrote that you have a site giving information about Baker Brothers trades in real time. It would be a big help if you would share that information. Without verifying your statements about their having sold ACAD stock, I cannot give them any credence.
peteharmison, where did you get that information; I would be very interested in verifying it. All I see on the company site is a purchase of 15,000,006 shares at $28.50 on March 5, 2014.
Baker Bros. are not waiting for the next qtr report. They want out because other sectors, other companies, other than ACAD are moving higher and they decided to liquidate. Why else would they bring in an overpaid CFO to negotiate with all the Hedge Funds to stay. Won't work, ACAD will be treading water another year or two or three and will _iss away ALL their Bank Roll. Then the golden parachute clauses kick-in and all you retail "Longs" are holding the empty pill jar. GL LOL :~)