This person Knows that uncertainty for next 3 months--that is why He/She is buying March,2013 Calls. Also now he is selling Marc 20 calls.
By March,launch will be underway and Anchor trial filing with FDA would be done and Reduce-IT patients enrolled would be 8000.
These are actions that will turn the stock to 17-19$/share in his/her judgement.
Right. But again, some entity is paying the premiums to this person/fund and will have to deliver shares or buy them if the price is right. There are millions on the line and someone/entity is backing this move.