An Insider Buying category has been added to the blog here and a couple times a month I’ll be highlighting a company where insiders are putting their hard earned cash on the line, betting the stock will rise. Nobody knows more about company prospects than insiders. When they’re buying it’s a very good sign and a surging stock price is often not far behind. Although I will typically stick to highlighting proven companies with great fundamentals, I thought I’d kick off the first insider buying post by highlighting a company that George Soros likes well enough to purchase 3 million worth of shares in. It should also be noted that other insiders have been accumulating the stock heavily in recent months as well.<\/p>\n
Auxilium Pharmaceuticals, Inc. is a specialty pharmaceutical company that develops and markets products for urology and sexual health. Auxiliummarkets one product through its 100-person sales and marketing organization and has three primary products in development. The Company’s marketed product, Testim, is a topical 1% testosterone gel indicated for the treatment of hypogonadism.<\/p>\n
Their first commercial product is Testim, which is a topical gel used for the treatment of hypogonadism. In english, that translates to men with low testosterone levels which is linked to a decrease in energy, muscle mass, bone density, libido and sexual function as well as depression.<\/p>\n
While the company is not yet profitable and doesn’t appear to be on the brink of profitability any time soon, sales growth has been very good in the last couple years. On the technical side, the chart looks outstanding here as it settles in at support of the 50 day moving after surging above there. <\/p>\n
An Insider Buying category has been added to the blog here and a couple times a month I’ll be highlighting a company where insiders are putting their hard earned cash on the line, betting the stock will rise. Nobody knows more about company prospects than insiders. When they’re buying it’s a very good sign and … Continue reading What is George Soros Buying?<\/span> www.insidercow.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"