King's a lil sleazy - That why you want him in charge
This is a beautiful thing to see someone of King's character actually invest some real cash in the company. He knew exactly the "window" for legally making a purchase and acted upon it. Didn't matter that material info was at hand...He also knew (before the purchase) that he can't legally sell for 6 months after any open mkt purchase. Do you think that King believes ALXA will be much higher 6 months from now? I think we have a great chance to see double digits sooner that that. King is definitely padding his pockets - just imitate his actions and you'll get the same result he gets.