Sold another 4500 shares. They file a sec filing everytime they sell some shares, makes me wonder why if it was brookside that sold them 4M+ shares, that they have not filed any sec filings on the transaction? If Brookside still holds their position, then institutions own about 65%.
Very wierd to sell such a small amount after buying a huge stake. Its like nickel and diming the situation. An example would be comparable to buying a Lambordini for $200,000 and then going down to your local Sears for a rotation and some tires.
If you look at the chart for Supergen and see the time the stock has been under $3.50, no one selling here is making money except shorts. If someone sells they have to for some other reason. First because they are fund managers and clients are removing funds, shorts increasing position, someone holding share price down to get cheaper shares, or someone accuulating for a purchase or to get a cheaper purchase price. Did I forget anything?