Chairman of the Board and CEO of BioScrip Inc. (BIOS) Richard H Friedman sells 58,000 shares of BIOS on 11/04/2009 at an average price of $7.73 a share.

BioScrip provides comprehensive pharmaceutical care solutions. We partner with healthcare payors pharmaceutical manufacturers government agencies physicians and patients to deliver cost effective programs that enhance the quality of patient life. We focus our products and services in two core areas: specialty medication distribution and clinical management services both nationally and community-based and pharmacy benefit management services. Bioscrip Inc. has a market cap of $308.7 million; its shares were traded at around $7.96 with a P/E ratio of 18.9 and P/S ratio of 0.2.

Insiders' Positions with BIOS

• Sell:: Chairman of the Board and CEO Richard H Friedman sold 7,861 shares of BIOS stock on 10/14/2009 at the average price of 7, the price of the stock has increased by 13.71% since


• Sell:: Chairman of the Board and CEO Richard H Friedman sold 22,139 shares of BIOS stock on 10/08/2009 at the average price of 7, the price of the stock has increased by 13.71% since


• Sell:: Chairman of the Board and CEO Richard H Friedman sold 30,000 shares of BIOS stock on 10/01/2009 at the average price of 6.63, the price of the stock has increased by 20.06% since


• Sell:: Chairman of the Board and CEO Richard H Friedman sold 40,000 shares of BIOS stock on 09/22/2009 at the average price of 7.02, the price of the stock has increased by 13.39% since


• Sell:: Chairman of the Board and CEO Richard H Friedman sold 39,856 shares of BIOS stock on 09/04/2009 at the average price of 6.02, the price of the stock has increased by 32.23% since

Insiders' Positions with BIOS

• Sell:: Vice President Mail Operations Russel J Corvese sold 17,839 shares of BIOS stock on 08/26/2009 at the average price of 6.13, the price of the stock has increased by 29.85% since


• Sell:: Executive Vice President Scott Friedman sold 21,096 shares of BIOS stock on 08/11/2009 at the average price of 5.9, the price of the stock has increased by 34.92% since


• Sell:: Executive Vice President Scott Friedman sold 3,904 shares of BIOS stock on 08/06/2009 at the average price of 6.05, the price of the stock has increased by 31.57% since


• Sell:: Executive Vice President Barry A Posner sold 50,000 shares of BIOS stock on 08/04/2009 at the average price of 6.24, the price of the stock has increased by 27.56% since

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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