I know. Makes you wonder a bit. Everything else is dong well this week.
I've not liked the regular small selling of all insiders (except the Bakers). I take consolation in the normally very large GHDX positions they are selling from. Even still, some of the board members selling don't own all that much.
In the past year this sort of slide has happened when the Bakers took some time off. Then the stock came back and the subsequent SEC filings revealed they owned another 2% of the company.
Volume has been meager with this slide. Hanging in, looong. :-)
(biotech portfolio: long TSRX, CBST, DSCO, and GHDX)
This stock will make hugh jump when news on prostate cancer test hit tape later this year...This will be biggest single news in GHDX history..All man like to know what type of P cancer his got before making surgery decision....This will be more important test than brest or colon cancer tests...Accumulate shares now when price is reasonable
The regular small selling by all insiders(excepts Kims automatic) is simply rolling over and cashing in the options to buy at a lower price.My -guess- below, the complete stopping by all insiders( Bakers) for now 3 months and the appointment of Felix to the board looks like something else.I may be wrong and see a very bright future for GHDX, but a quiet period before a deal of news would not surprise me. A majority vote is now in their hands.... Good Luck