…I’m down ~11% from the first posting on 10/21/2009. Still, they have 21% insider/major holders today, and they have been doing no more than the usual selling for profit taking and some minor buying that could be PR or cautious accumulation, so I’m contemplating buying some more. My hesitation is their debt, which is OK for a bio-tech, but ripe for a share offering that would dilute the current shares. My timing has been off lately, so that would happen about 2 -3 minutes after I bought.
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Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, TheStreet, Google Finance, MSN MoneyTags: Antigenics Inc. (AGEN)
So, here I am 10 months later, down 28% and I see all the insiders are exercising their options and then holding the stock, with insider ownership up another 7% and they report in 6 days. Put in a one day limit buy at 93 cents and will see what happens.
Nooow it hits .93. Thinking of getting out while the getting is only bad rather than disgusting.
Insider buys on Jan 3, 2012 at 2.17
More insider buys in late July at the $4.55 range