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Post by Clement on Aug 10, 2018 11:53:25 GMT -5
from Mannkind website now:
Shareholder Breakdown
Shareholder Holders Value ($MM) % O/S Shares
Institution 162 120.32 40.90 57,265,126
Mutual Fund 81 30.05 12.22 17,107,252
Insider 14 1.61 0.66 928,100
What does it mean if Institutions and Mutual Funds together own 53% of shares? (ie, does the fact that they own over half the shares imply any control issues or buying/shorting patterns?)
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Post by centralcoastinvestor on Aug 10, 2018 12:00:39 GMT -5
That is a huge change. And very positive long term.
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Post by awesomo on Aug 10, 2018 12:08:07 GMT -5
No control issues if the ownership is distributed throughout 240+ institutions and mutual funds assuming one (or a few) entities do not own a significant portion of these.
Shorting issues are another story, but there's not much you can do to combat the market makers.
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Post by akemp3000 on Aug 10, 2018 12:18:34 GMT -5
Also no control issue if the Mann Group, Deerfield and other partnering affiliates have a sizable piece of the institutional portion.
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Post by babaoriley on Aug 10, 2018 12:22:03 GMT -5
I thought this thread was going to offer help to those over-stressed individuals on this board. Darn.
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Post by Clement on Aug 10, 2018 12:26:48 GMT -5
Yes, Baba, for those shareholders having a breakdown: "psychiatric help 5 cents".
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Post by xanet on Aug 10, 2018 13:01:10 GMT -5
Clement, mytakeonit charges $20 for just about anything. 5 cents is pricing your advice at a steep discount. Are you trying to underbid and take away market share?
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Post by uvula on Aug 10, 2018 13:11:55 GMT -5
Does that mean "We" own around 75M shares?
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Post by peppy on Aug 10, 2018 13:56:43 GMT -5
Clement, mytakeonit charges $20 for just about anything. 5 cents is pricing your advice at a steep discount. Are you trying to underbid and take away market share? Inflation
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Post by mytakeonit on Aug 10, 2018 14:08:48 GMT -5
OH YEAH !!! And I give discounts ... sometimes.
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Post by morgieporgie on Aug 10, 2018 14:15:42 GMT -5
I thought this thread was going to offer help to those over-stressed individuals on this board. Darn. Hi Baba! I hope you're having a great day!
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Post by lennymnkd on Aug 10, 2018 14:16:34 GMT -5
Help ! How does it work , I always thought institutions could not buy under 5.00 per share / how are they able to accumulate. Or is it not being able to for individuals client accounts.
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Post by mnholdem on Aug 10, 2018 14:30:54 GMT -5
Tutes rarely provide analyst coverage but they do buy <$5 stock, usually for their small cap funds.
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