All sorts of fishy things going on. Three insiders wait to buy shares on the open market AFTER the lesser part of the PIII data is released. Why didn't they buy at $2.5 before the data came out? Oh wait, they could have seen that the combined regional data (unblinded) had an OS of 130 days and figured out this might not be definitive. They would also know that the company was splitting the population along true distal and local. The population they are assessing has changed each time they have given an update and they never say why until the analysts drag it out of them. I am surprised the company is playing this game. I would have thought they would have had a buy/sell black out period that completely surrounds all of the PIII data releases. This really creates the appearance of insiders knowing what is going on ahead of time.
Well, we can probably take this as a good sign. The insiders probably have some inkling of what data is coming and more importantly when. They could have waited for the price to drift lower but they locked in their shares shortly after the PIII data. They may have purchased in December in advance of entering another black out shortly after the new year. I have to wonder if BT even knows what a blackout period is.
"Why didn't they buy at $2.5 before the data came out?" I see this differently. By law they are not allowed to trade ahead of data not available to the public. Are they taking advantage of it in this case....probably they are.
Nome - I read the insider buying differently. I think it was a show of support for the company after the fall and nothing more. You are not talking about a ton of shares here only 23K. Also no one has mentioned that a ton of options expired unexercised a week or two ago.
That is not coincidence, it's manipulation. The stock price of onc/y has always been manipulated and that will never stop. I only hope the manipulation on the upside starts in the " not too distant future".
Now I suspect some insider is monitoring the manipulation. The fact that numerous lots of one hundred shares are transacted before an enormous one makes me think that those small lots are used to stabilize the s.p. Before a big move. MOO.