Posted 11/20/2006. We choose to pick Seattle Genetics because of the amount of insider buying. It ranked second in our Insider Ranking system at the time of the posting.

The key here is that it was already up 35%. We still choose to pick this stock because of the amount of insider buying. This was a play on a 10% owner and director, not an officer. Historical evidence shows that a 10% owner buying over $6 million shares is as important as a officer buying stock worth $100,000.

The shares where up over 10% again after a month since recommending it.