Garo has always been in, so this is not news. What I'm curious/concerned about is the fact that other insiders (Officers) have not bought in lately (presumably as part of their compensation packages, or otherwise). If they were to reestablish purchases that would be a good sign, obviously.
Gosh, was it two or three years ago(?) that all of the sudden we saw a TON of insiders buying in. Then Dr. Armen announced the 9 million dollars received from GSK. I'd also like to see more insider buying.
I think this was a shakedown before the next leg up....too much institutional interest here...lots of buys at 3/31 and confirmation of this good news we had on Glioma vaccine will just make them accumulate more. Technically, we will be embarking on a bullish Wave 3 of Elliott wave patterns...it is usually the longest wave with the most price movement, so let's see if it happens in the next upcoming weeks. GLTA