Have institutional investors started a massive selloff yet?

[Anonymous]

It takes a long time to tell from reports...

 

[Anonymous]

Many have to sell under $5 under their own charters

 

[Anonymous]

Many have to sell under $5 under their own charters

How long before selling is required?

 

[Anonymous]

How long before selling is required?

depends on the charter of the indivual funds and if they have that requirement written in their charter. it is not an NASD rule or a FINRA rule. it just individual funds that could have that in their charter. i would think those that have it in the charter would have to do it by quarter end so it doesn't show at end of quarter.

 

[Anonymous]

How long before selling is required?

I think they can't buy, but don't have to sell.

 

[Anonymous]

I think they can't buy, but don't have to sell.

investing OR holding


"Institutional Investors - Many mutual funds' charters directly prohibit their managers from investing or holding penny stocks (those traded on the OTCBB and pink sheets) and generally stocks under $5 dollars. However, mutual funds are not obligated by any regulations to have such clauses and there are mutual funds that specialize in penny stocks."


Read more: http://wiki.answers.com/Q/Why_is_5-dollar_level_so_important_in_stock_investing#ixzz22PZ55N5B

 

[Anonymous]

so i expect there could be massive selling before 9/30.

i wonder if there is a way to see if fidelity funds have a charter with that stipulation

 

[Anonymous]

so i expect there could be massive selling before 9/30.

i wonder if there is a way to see if fidelity funds have a charter with that stipulation

Fidelity has been selling, will be completely out by end of month. Not sure if it's charter or disgust.

 

[Anonymous]

Fidelity has been selling, will be completely out by end of month. Not sure if it's charter or disgust.

If true the stock is going to tank. Do you have this from reputable sources? Hard to know what funds are doing mid-quarter unless there is a source.

 

[Anonymous]

"The potentially harshest analysis of Dendreon came from Jonathan Aschoff at Brean Murray Carret & Co. He reiterated his Sell rating on the stock and cut the price target from $4.00 to $2.00. The report was titled, "[Dendreon] Reports Q2 2012 Results and Restructures: Still Not A Contender -- Not Now, Not Later."

 

[Anonymous]

Jonathan Aschoff is a convicted felon. He was convicted for impersonating an MD. He has as much credibility as you do.

http://business.highbeam.com/435571/article-1G1-100877383/nasd-fines-biotech-analyst

 

[Anonymous]

If true the stock is going to tank. Do you have this from reputable sources? Hard to know what funds are doing mid-quarter unless there is a source.

You're not sure if the stock is "tanking" and need a source?

 

[Anonymous]

They really worry about Neuvenge as well.

If one cure for cancer is going to bankrupt this company in ~2 years,
two cures for cancer could send in under in less than a year.

 

[Anonymous]

YES! institutional investors started a massive selloff yet?

From Q1 to Q2, institutional/MF holdings were down 20% to 67% of total, they used to be over 80%

Over the next quarter, it will fall more, likely to between 35 and 50% (e.g. a 20-40% drop)

When institutions dump that much per quarter, well, you see the result, don't you?

 

[Anonymous]

Re: YES! institutional investors started a massive selloff yet?

From Q1 to Q2, institutional/MF holdings were down 20% to 67% of total, they used to be over 80%

Over the next quarter, it will fall more, likely to between 35 and 50% (e.g. a 20-40% drop)

When institutions dump that much per quarter, well, you see the result, don't you?

September 30 might be a huge selloff. I bet shorts might wait until then to cover their shorts. They will be able to close their short while the stock is going down and remove this idiotic short squeeze pumpers keep talking about.

 

[Anonymous]

For #14 and others....
You may want to look at the daily volume and the sale of shares duing the day to answer your question. The answer is no and most institutions do not have to sell and, in fcat, don't plan to sell. They have savvy people that understand that this movement down is orchestrated and the turnaround is imminent.

All it takes is making staff changes from the disenchanted and non-productive to those that want to help this company succeed and appreciate the opportunity.

 

[Anonymous]

For #14 and others....
You may want to look at the daily volume and the sale of shares duing the day to answer your question. The answer is no and most institutions do not have to sell and, in fcat, don't plan to sell. They have savvy people that understand that this movement down is orchestrated and the turnaround is imminent.

All it takes is making staff changes from the disenchanted and non-productive to those that want to help this company succeed and appreciate the opportunity.

Institutional holdings were already down 20% at end of Q2 compared to Q1, so the answer is clearly "yes", not no.

 

[Anonymous]

Institutional holdings were already down 20% at end of Q2 compared to Q1, so the answer is clearly "yes", not no.

There will be the funds who have to sell and those who are selling for window dressing. IMO September 30 will not be pretty.

 

[Anonymous]

There will be the funds who have to sell and those who are selling for window dressing. IMO September 30 will not be pretty.

End of quarter sales are going to take this down BEFORE the usual EC that takes off half
of the value again....

I gather that July was the worst month of the year and it's getting continuously worse as the company lowers everyone's confidence.