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10% Owner Purchases

Anyone holding more than 10% of a company must report their trades. These filers are usually funds, founders or strategic investors, and their buying often moves in size.

How to read this: Distinguish conviction from mechanics. A biotech crossover fund buying into a private placement files the same code P as a founder buying on the open market, but the two mean very different things. Check the price against the market price that day.

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