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wrongthe de-investment plan in non liquid stocks like NBIX is to off load shares to investment bankers who will than sell those shares over time. so NBIX could see selling pressure for a while.
Salix Pharm, which is either the 1st or 2nd largest holding of Frontpoint, is up $1.50 today.http://finance.yahoo.com/q?s=slxpDon't get it.
ArthroCare Corporation (ARTC) another holding for them which is similar to NBIX (even lighter daily voulume, over 6 % holding) is also up nicely.
They had their Q3 earnings release last night after the close and it was spectacular, thats why its up big today on big volume.
maybe Abbott can pick up those shares, it is less than lunch money for them.