Insider purchase by Phillip Frost in Crystal Pharma (COCP) at $0.95 adds the sub-$1 biotech to the author's watchlist.
COCP β WATCH Author notes a Form 4 insider purchase by Phillip Frost, a 10% owner/director, buying 50,000 shares of Crystal Pharma (COCP) at $0.95 in an open-market transaction, increasing ownership 3%. He interprets insider buying at these levels as potential confidence ahead of upcoming developments and adds COCP to his watchlist.
insiders buying at these levels always makes me add it to the watchlist.