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MYL - Amneal Pharmaceuticals: Insiders Bought At Twice The Price 2 Months Ago
Mylan N.V.
Insider buying is usually a bullish sign while insider selling is seen as bearish. For instance, there were a lot of executive options exercised with some of them sold at $13.44 on May 7th on Amneal Pharmaceuticals, Inc. (AMRX) a couple of days before the company was to release Q1 results:
While these exercises and sales presumably took place at a predetermined time and amount, the timing was impeccable because the market didn't like the release and the stock was less than $10 a few days later. However, shortly after the release