Steve Cohen and other large institutional investors

Quote

WallStreetGrinder

new user
Thoughts on Steve Cohen and other large institutional owners of Pernix still involved with company now that stock price is so low.

Have any of them been seen at the offices. Are they playing any role. We're they actively involved at recent annual company meeting?

Do any Pernix employees have any insights or thoughts on this?
 






WallStreetGrinder said:
Thoughts on Steve Cohen and other large institutional owners of Pernix still involved with company now that stock price is so low.

Have any of them been seen at the offices. Are they playing any role. We're they actively involved at recent annual company meeting?

Do any Pernix employees have any insights or thoughts on this?
Click to expand...
I have one insightful thought on this. You want the reps to give you info yet you provide none yourself. Sounds like a raw deal doesn't it? Not fooled
 






WallStreetGrinder said:
Thoughts on Steve Cohen and other large institutional owners of Pernix still involved with company now that stock price is so low.

Have any of them been seen at the offices. Are they playing any role. We're they actively involved at recent annual company meeting?

Do any Pernix employees have any insights or thoughts on this?
Click to expand...

you fucking stocktwits moron. Steve Cohen did not personally buy this stock. you realize there are dozens of portfolio managers at Point72 Asset Management generating investment decisions, and this holding (a couple million dollars) is a drop in the bucket of the billions of dollars of total assets under management?

do you truly think, you stupid pile of shit, that Steve Cohen is going to personally take time out of his day to the HQ of some shit-tier pharmaceutical company, consisting of .00001% of his fund's assets, to visit said shitty company's awful management team and ask questions?

you glue-eating, retarded dipshit
 






You think cohen people just take decisions without consulting him? Wow no doubt you are an idiot with no commonsense. Mr. Grinder has a valid point and you need some intellectual to answer that if you dont have any go jerk off your frustration at someother place.
 






Since most of the major institutions bought Pernix stock at $2 plus, if they felt a buyout or turnaround is happening eventually, why aren't they buying up more shares at. 50 cents?
Is this because the sales numbers and total company profits are that poor that they understand that company debt cannot be paid off down the road unless a restructure (bankruptcy) takes place.

Should investors sell or is a buyout still a strong possibility. What are the employees being told or office rumors indicating.
 






WallStreetGrinder said:
Since most of the major institutions bought Pernix stock at $2 plus, if they felt a buyout or turnaround is happening eventually, why aren't they buying up more shares at. 50 cents?
Is this because the sales numbers and total company profits are that poor that they understand that company debt cannot be paid off down the road unless a restructure (bankruptcy) takes place.

Should investors sell or is a buyout still a strong possibility. What are the employees being told or office rumors indicating.
Click to expand...

yes looks like you're finally developing common sense.

the company is a total shithaven. this stock has been pumped up by idiot retail investors for the last few weeks who have zero sense. looks like with the exit of Morgan Stanley (and other investors to come), the stock is going to get dumped and head back below $0.40 where it rightfully belongs as an imminent bankruptcy filer.

a buyout is not a possibility when the company is sitting on a nice big pile of $300mm of net debt and massively declining sales #'s. you can hope and dream all you want; it simply is not happening. a buyout of this shitcompany is about as likely as chickens starting to wear pants, or dogs wearing shoes
 












Hey Grinder,

Hate to tell you but Sedor is currently in the process of selling off all of his shares. He owns several million so it is being sold off slowly over a period of time as to not effect a major drop in the stock price. I am sure once completed he will file with SEC by regulated due date.
 












Top Bottom
Back
Quote