I learned with acad to check sec filings. I asked on the board also why insiders were selling and found out these trades are automatic ... Still learning myself but researching the pipelines and FDA filing along with sec will help. Unmet needs a multi use drugs seem to b treating me well.
Well, I sold today to take some of the proceeds and purchase Dec $5 calls. The premium is small, and it allowed me to increase leverage this stock while it is in what I believe is will be a decent sustained run. It's riskier than owning the stock, but I think it's worthwhile risk at this time.
I bought 20 contracts of the Dec. $5 strike calls a couple weeks ago for $2.95 each I should have done more as they seem to be getting popular; wow volume 340 contracts today. I have a load of shares, some in long term tax situation. I was here in the winter and found Beaver, he was in the lodge with marlo-Brondo. It was sad, no signs of life. We started expanding our holdings big in the winter. Now we are a thriving community.
Every time somebody buys then somebody sells and opposite is true. Looks like just some selling to take gains in a steady way not really knowing what is coming. A steady transfer is good. Replace weak with strong. Somebody wins and somebody loses on every trade.