Actually lets clarify this : Insider buy not by insider but firm RA Capital./ Not quite as good as CEO or board member... Beneficial Owner of 89Bio(ETNB)RA Capital
Who doesn't love a $1 Bio? here too the IB is by a form but like the other one is a pretty huge buy. That buy was made at 95c CATX Perspective Therapeutics, Inc. $1.13-0.01(-0.88%)9:44 AM 03/12/24
On CATX (terrible symbol) / Lantheus purchased 60,431,039 shares of company stock at 95c per share for a total transaction amount of $57,409,487 I read that as $57 mil of stk. Tell me if I'm wrong. That is a serious commitment. As is RA Capital purchased 1,350,000 shares of ETNB company stock at $15.35 per share for a total transaction amount of $20,722,500 That's $27 mil.
I think maybe we should re-look at Double Verify (DV). Earn miss big decline. Seems to have stabilized. Not in the name but we did well with it. DV DoubleVerify Holdings, Inc. $32.12-0.07 (-0.22%)10:02 AM 03/12/24
This is pretty wild- UFO enthusiasts will tell you that this tech is from the Aliens. Italian firm tests energy-saving maglev technology on railway track Tue, Mar 12, 2024, 9:57 AM EDT2 min read ROME (Reuters) - An Italian company has conducted what it says is the first test of magnetic levitation (maglev) transport on an existing railway track, a technology that has the potential to reduce costs and energy use as the industry seeks more efficient systems. IronLev, a high-tech firm headquartered in the northern Italian town of Treviso, showcased a video of the test at the LetExpo2024 trade fair in the Veneto region on Tuesday. The footage shows a one-ton prototype traveling at a speed of 70 km/h (43 mph) over a two-kilometre stretch of line in the hinterland of Venice. Maglev creates a cushion of air that physically separates the vehicle from the track, reducing friction, noise and vibrations. The absence of friction makes it possible to drastically reduce energy consumption and maintenance costs for both the vehicle and the infrastructure. China has been using the technology for almost two decades, albeit on a limited scale. Countries from Japan to Germany have been looking to develop maglev networks, but high costs and incompatibility with existing track infrastructure pose hurdles. "The test carried out by IronLev represents the first and only case of magnetic levitation applied to an existing railway track without requiring the modification or integration of accessory elements," said Massimo Bergamasco, director of the Institute of Mechanical Intelligence at the Scuola Superiore Sant'Anna in Pisa. The maglev technologies tested in the past involve the use of an ad-hoc infrastructure to create a magnetic field that interacts with elements on board the vehicle to suspend the load. Such infrastructure often consists of coils made of conducting material, with high infrastructure costs when compared to traditional railway track. "Some of our competitors have carried out tests on specific tracks built to accommodate a magnetic levitation vehicle. We have demonstrated that our vehicle can levitate on an existing track," Adriano Girotto, IronLev's chairman told Reuters. "You can imagine that this makes it an easily usable technology," he added in an interview. IronLev aims to develop an additional motorised trolley in a couple of years to test a vehicle with weights of up to 20 tonnes and speeds of up to 200 km/h, Girotto said. Meanwhile, the company has already begun implementing its technology in practical applications, using it to move heavy windows, elevators, and to transport loads within industrial settings.