Interesting Insider positionsI get a report from TD called INK research (Insider news and knowledge.)
It shows when there has been Director,CEO,CFO and major shareholder buying and selling.
I was surprised to see no selling at all from anyone over the last year.(as far back as my report shows.) In fact Peter(CEO) purchase shares on the market in November, December and March. He has a lot of options and is still buying.
Hbm Bioventures own 22.6 million shares and haven't sold 1 in the last year
I was surprised because I thought they were the ones selling on the spikes.
Vengrowth has 20 million shares and 10 million warrents and again they have not sold 1 share in the last year.
CEO,CFO,Directors, Hbm bioventures(huge biotech investor)Vengrowth(major Canadian Biotech investor) Have all taken large positions in this company. I believe they are all very intellegent people and know more about Adherex its patents and potential to develop drugs than anyone else. I don't even think that is debatable.
NONE! of them have sold a single share in the last year in fact the CEO,Directors and CFO have added shares on the open market.
I find that very revealing