XON - very interesting conversation | Biotech Message Board Posts

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Msg  27138 of 28030  at  4/17/2019 10:40:58 AM  by


 In response to msg 27130 by  grampa21
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Re: XON - very interesting conversation

 Grandpa21, I hesitate to ask this as I know you have forgotten more than I will ever know about finance. So I must be missing something in your post. So at the risk of making myself look foolish"Tim- FBT currently owns 11+ mill shares of XON and will likely be selling those shares on the close on Thursday"
If FBT re-balances to equal weight and Xon is currently at 1.76% wouldn't they be buying shares to bring the holds up to 3.33% not selling? (unless you mean they will sell out their position in XON because they no longer meet the minimum $900M. ) Thanks. 

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Msg # Subject Author Recs Date Posted
27143 Re: XON - very interesting conversation grampa21 15 4/18/2019 1:46:06 AM

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