Nov. 14 at 10:39 PM
$DVAX The FinTel website provides an update on the behavior of Institutions as of September 30.
Goldman Sachs increased their shares held long by 13% to 1.8 million shares. They also set a PUT option on 225k shares at the SAME TIME! They advise the debt holders while also managing the
$300 million share buyback program. They are NOT on the side of Retail Investors.
You pays y’re money and takes y’re chances.
DeepTrack attempted to add a couple of members to the BOD and were rejected by shareholders in April. They reported the following data in August and repeated this same amount for the end of Q3.
What does it mean? Institutions are still large and in charge here despite nine of the top 10 holders reducing their shares held long in Q3 (at
$9.20-
$12.05 per share).
They play the volatility Long and Short (learn about DELTA and hedging) in a manner that meets THEIR risk and tax priorities. Therefore, shaking your virtual fist at them does not inform your investment decisions.
