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Post by akemp3000 on Apr 9, 2018 11:45:57 GMT -5
SEC 13G - Amount beneficially owned:
Sabby Healthcare Master Fund, Ltd. - 4,051,908
Sabby Volatility Warrant Master Fund, Ltd. - 3,750,000
Sabby Management, LLC - 7,801,908
Hal Mintz - 7,801,908
Sabby Management is an activist investment firm based in New Jersey which was founded by reputable investor Hal Mintz. The hedge fund primarily invests in small-cap healthcare companies, with the healthcare sector constituting slightly more than 57% of the fund’s public equity portfolio as of March 31. According to its latest filing, Sabby Management manages a public equity portfolio worth $2.40 billion and also invests small amounts of capital in financial and technology stocks, among others. Mintz’s oversees the management of several funds under the Sabby Management umbrella including the Sabby Healthcare Volatility Master Fund and the Sabby Volatility Warrant Master Fund.
(The following from same article is apparently Insider Monkey Small-Cap Strategy)...We don’t just track the latest moves of hedge funds. We are, in fact, more interested in their 13F filings, which we use to determine the top 15 small-cap stocks held by the funds we track. We gather and share this information based on 16 years of research which showed that these 15 most popular small-cap picks have a great potential to outperform the market, beating the S&P 500 Total Return Index by nearly one percentage point per month in back tests, and easily beating the most popular large-cap picks of funds, which nonetheless get the majority of their collective capital. Why pay fees to invest in both the best and worst ideas of a particular hedge fund when you can simply mimic only the very best ideas of the best fund managers on your own? Since the beginning of forward testing in August 2012, the Insider Monkey small-cap strategy has outperformed the market every year, returning 142%, nearly 2.5 times greater returns than the S&P 500 during the same period (see more details).
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Post by porkini on Apr 9, 2018 12:57:53 GMT -5
Rather than start a new thread, I'll just post this on this thread. A Form SC 13G was filed in regards to this and the info can be found here: Form SC 13G
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Post by cjm18 on Apr 9, 2018 13:16:11 GMT -5
Long story short they own almost 6%.
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Post by awesomo on Apr 9, 2018 14:11:49 GMT -5
This seems like a great MNKD investment strategy.
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Post by Clement on Apr 9, 2018 14:19:02 GMT -5
So is Sabby going to short these shares? It would seem to be self-defeating.
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Post by lennymnkd on Apr 9, 2018 14:22:05 GMT -5
Rather than start a new thread, I'll just post this on this thread. A Form SC 13G was filed in regards to this and the info can be found here: Form SC 13G6% question ? Does 5% ownership or more entitle them to inside info ?
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Post by hellodolly on Apr 9, 2018 14:36:28 GMT -5
So is Sabby going to short these shares? It would seem to be self-defeating. Doesn't sound like it is in their investment thesis, from what I've read about them.
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Post by wyattdog on Apr 9, 2018 14:39:22 GMT -5
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Post by cjm18 on Apr 9, 2018 14:48:01 GMT -5
From 2017...Mintz initiated a new position in the biopharma MannKind with the purchase of 209,292 shares valued at $310,000. This is about 0.01% of Their portfolio. Up to 7.8m shares now.
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Post by wyattdog on Apr 9, 2018 15:00:34 GMT -5
i realize it was an old article. just thought it shows intent of purchase and how large their stake has grown.
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Post by cjm18 on Apr 9, 2018 15:12:44 GMT -5
i realize it was an old article. just thought it shows intent of purchase and how large their stake has grown. That was my intent as well.
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Post by celo on Apr 9, 2018 15:25:22 GMT -5
i realize it was an old article. just thought it shows intent of purchase and how large their stake has grown. That was my intent as well. Sabby gets in at 2 dollars which the price hasn't been since September. Nice. They could also buy it now for another 15% off. Sales better pick up or pretty soon they will be able to really get a good buy at a discount.
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Post by akemp3000 on Apr 9, 2018 15:31:54 GMT -5
Seems like a wise play for Sabby and a better owner of Mannkind shares than Deerfield.
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Post by babaoriley on Apr 9, 2018 15:49:37 GMT -5
I'm so happy to hear we're in this with sabby investors! All along, I've thought only other yahoos like us invested in MannKind, I mean, no one sabby would get in, right? Sabby investors are the best and I always thought I was a sabby investor until the last three years or so, but I have renewed hope of being one (or at least along for the ride with one) again!
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Post by celo on Apr 9, 2018 16:22:10 GMT -5
I'm so happy to hear we're in this with sabby investors! All along, I've thought only other yahoos like us invested in MannKind, I mean, no one sabby would get in, right? Sabby investors are the best and I always thought I was a sabby investor until the last three years or so, but I have renewed hope of being one (or at least along for the ride with one) again! Is it saggy? Sassy!! sappy.. Saddy...How about sorry investor.
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