These are the buys from insiders for the week. As Peter Lynch said, “there are a multitude of reasons insider sell shares, but only one reason they buy, they think the stock is going up. Notice the big buying in the pharma sector.
Brookfield Homes (BHS)= $4,019,000
Ligand Pharmaceuticals (LGND)= $2,748,000
La Jolla Pharmaceuticals (LJPC)= $1,852,000
Mylan Labs (MYL)= $1,094,000
Terremark Worldwide (TMRK)= 720,000