Chief Scientific Officer Khoja Hamid bought 30,000 shares of FBLG at $0.38; prior two FBLG buys posted 90-day returns of +1355.5% and +3815.8%
Khoja Hamid purchased 30,000 shares at $0.38, doubling his FBLG holdings from 31,250 to 61,250 shares. His cross-ticker track record shows 2 prior buys with an average 90-day return of +2585.6% and a 100% 90-day win rate, while his two prior buys specifically at FBLG (May 2025 and August 2024) each showed substantial 90-day gains (+1355.5% and +3815.8% respectively), both well-timed. This purchase occurs as the stock trades at $8.38, down 69.6% from its 52-week high of $27.60, yet up 51.1% in the past 30 days and 58.9% over 90 days. The company remains unprofitable with net income of $-5.8M against a market cap of $566.4M, but notably 3 other insiders also bought within the past 14 days, forming a cluster buy pattern. The combination of a historically accurate insider's large relative purchase (+96% to holdings), strong 30/90-day price recovery, and multi-insider buying interest suggests elevated conviction in near-term recovery prospects.