Some people have to change their name so they can continue to bash a stock they have no position. It's better known as envy. Get a life. Long since 42...
Brutal indeed. Company almost out of cash, but don't worry they have a 90-day loan at 12% interest. I sold out after the market had no reaction to September presentation, and after I watched the video of exec speaking about the presentation. In video when he said their strong data was well received, he wiped his nose - body language said he didn't believe what he was saying. Thankfully, I found AGIO.
He is paying less than $ 3,500 to get $ 75,000 in stock. All he has at risk is $ 3,500. I don't consider that to be too bullish but if that's your opinion, that's your opinion.
No tax commitment on exercise - these are ISOs per DEF 14.
From wiki "Incentive stock options (ISOs), are a type of employee stock option that can be granted only to employees and confer a U.S. tax benefit. ISOs are also sometimes referred to as incentive share options or Qualified Stock Options by IRS  .
The tax benefit is that on exercise the individual does not have to pay ordinary income tax (nor employment taxes) on the difference between the exercise price and the fair market value of the shares issued (however, the holder may have to pay U.S. alternative minimum tax instead)."
He excersied an option to buy the shares at $ 0.47. Not really a bullish sign
I actually do understand options and buying shares of a $ 100 stock at $ 0.47 is not a bullish sign. Depending on the specific tax implications of the option you may still see a Form 4 with a subsequent sale.
He bought the shares for $ 0.47 as part of an option exercise which means they probably hit the market and were sold.
Two out of two cancer drugs with remissions in phase 1. Do you think they are going to stop there? Can't put a valuation on this.