It's interesting, the timing. These buys are taking place immediately after the conference call was completed. Obviously they have seen the data more closely and must like what they see. They needed to wait until the information was publically disseminated before they could act. Now they are buying. Insiders still like what they have.
CLSN - As of 03/20/13, 03:52:12 PM: 54 Insider Transactions.
Sector: Healthcare Industry: Medical Appliances & Equipment
Prev Close:$1.06 Avg Vol(3m): 4,507,460 P/E: 0.00 EPS: -0.76
Email this page to a friend. Institutional Transactions for CLSN
Buy: Blue Sell: Red
Non-meaningful transactions (gifts, grants, etc.) are automatically filtered out for quicker actions.
Sell(S) P/S date Filed Date Company Symbol Insider Relationship Share Amt. Unit Price Total Proceeds Shares Owned Return(1m) Details
P 2013-03-20 2013-03-20 13:23:24 Celsion CORP CLSN Fritz Frederick J. director 20,000 $1.06 $21,200.00 41,000
Don't be so lazy. It is a SEC Form 4 file. It is on the company's website. And honestly, haven't you figured out that you cannot post links on the new YMB yet.
Of course this is a bullish indicator. The 20,000 shares were purchased at market. These are not options or warrants given to corporate officers as part of the employee compensation packages. This insider wanted "cheap" shares.
Remember, there are many reasons for insiders to sell shares: divorce, buying a new house, car, fund lavish vacations etc. However, there is only one reason an insider buys shares at market. He firmly believes that the stock is undervalued and likely to go up in the near future.