Iridian Asset Management added almost 7Mshares in Q1/2021 | PGEN Message Board Posts


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Msg  43518 of 45774  at  5/12/2021 6:46:08 AM  by

Mabel

The following message was updated on 5/12/2021 7:58:46 AM.

 In response to msg 43516 by  Biotech2050
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Re: Iridian Asset Management added almost 7Mshares in Q1/2021

  Lets stop with the lie that the shares Iridian bought are effectively removed from the float versus any other would be investor.  After the downdraft the past 6 weeks on the pps, no investor should assume that Iridian might have bought more as it is just as likely that they sold their newly acquired larger stake to limit their losses.  You have zero idea of their investment thesis.  
Some on this board prescribed to the belief that Ares management and Kirk would never sell a share yet both parties have sold shares no matter what the reason.  
While i was a buyer yesterday sub 6, no one should take any comfort in my actions.  Until i see data that proves their platforms, i will always consider Precigen a speculative investment that can lose 90%+ of its value.
 
 
 


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Replies
Msg # Subject Author Recs Date Posted
43519 Re: Iridian Asset Management added almost 7Mshares in Q1/2021 Biotech2050 1 5/12/2021 7:37:11 AM
43521 Re: Iridian Asset Management added almost 7Mshares in Q1/2021 Redwood1205 3 5/12/2021 9:10:37 AM


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