i personally wouldn't pay attention the Q3 fillings, but would be very interested in Q4 fillings in coming Feb. Q3 fillings are pre-baupost investment and I don't think it is relevant to current momentum. What other institutional did after baupost decided to put 125 million would more rellevant.
The new BOD, Morenstein, used to be in Valence Life Sciences and checked the portfolios of Valence life sciences. Many of these portfolios were acquired by big pharma. I don't know the relevance of past with snta, but still very interesting to know what would be his role in his new position.
Q3 13F are irrelevant for current kerx momentum, wait for Q4 13F fillings in Feb, that would be something to watch. These transactions are pre-baupost 125 million investment. I want to know what happened after oct. 15th. In my opinion, kerx before and after Oct 15th are totally different, totally different momentum. Lets see what happens next. gltal
"The main point is why did Galena create the position for him"
Are you saying there were no CMO before? This is what I wanted to find out. I am fairly new to gale so, didn't know if this is new title or existing. If indeed this is newly created position and the reading of CC details, it make good sense to be long, maybe I am making something out of nothing.
hey guys. I am new gale long. liked the new hire but I don't know what happened to old CMO, just replaced old one or old one gone long ago. if any of you know, really appreciate for some light on this. thanks
Yup. This is one of my fav stock. Bought ton of options during the deep and sold most today. I also think this will go much higher as time goes on. congrate to all longs.
I don't think holder is going to win this.
they also bought few shares along the way their sales and their average sales is $7.17 and now trading down more than 10% from their average sales. Looking at their trading pattern, do you guys think they might be adding now? who knows.
the filing said, date of event which requires the filing is Aug 7th 2015, when they sold 472k but they waited to sell another 2,548,990 shares until Sep 2nd to file the sales with SEC. I don't know the SEC rules regarding these kind of filings but it doesn't seem right. I thought it is within 10 days of the event. Any expert in this board to give you opinion on this. Thanks