Eric M. Gordon, Director at Targanta Therapeutics Corp. (TARG), bought 1,799,311 shares at $10.00 ($4.0M) on 2007-10-15, disclosed to the SEC on 2007-10-17.
Open-market purchase of $4.0M TARG by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 1,399,311 | $0 | 0.0% |
| 2 | $10.00 | 2,429 | $24K | 0.6% |
| 3 | $10.00 | 97,571 | $976K | 24.4% |
| 4 | $10.00 | 300,000 | $3.0M | 75.0% |
| Total | $2.22 avg | 1,799,311 | $4.0M | 100% |