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Pacific Biosciences of California, Inc. Message Board

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  • o08o.ugh64w o08o.ugh64w Nov 27, 2012 12:28 PM Flag

    CEO buys shares

    Though there is no doubt that the large share purchases are very good news, I don't think you can count on good news coming from the company in the very near-term. Remember, if an insider, or the CEO is buying shares now, he can't do it based on insider information. Good things may be coming in 3 or 6 months down the road, but it would be extremely surprising if there were some big announcement coming within the next few days/weeks. That's just my personal view as it would definitely raise eyebrows of potential insider trading.

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