Sunday, June 24, 2007

This Weeks Insider Buys

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

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