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These Eli Lilly executives have been scooping up stock after its big drop - MarketWatch

1. LLY shares dropped 14% after disappointing trial data for weight-loss pill. 2. Insiders purchased $2.9 million in LLY stock amid share price decline. 3. CEO David Ricks bought over $1 million in LLY shares. 4. Investor sentiment remains cautious despite potential insider confidence. 5. Analysts are divided on the severity of the recent selloff.

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FAQ

Why Bullish?

Insider buying often signals confidence. Historical patterns show stock recovery post-insider purchases.

How important is it?

Insider buying is significant, especially after drastic price movement, indicating potential for recovery.

Why Short Term?

Recent market dynamics suggest volatility may persist, but insider confidence may stabilize shares quickly.

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