Sun, Sep 21, 2014, 12:30 AM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Vertex Pharmaceuticals Incorporated Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • swhitemd50 swhitemd50 Nov 18, 2011 10:30 AM Flag

    Are the big investment houses selling this stock?

    There are nearly 300 institutions owning shares of Vertex, so perhaps the some of those with smaller holdings might trade in the retail market. The 2 to 3% owned by retail inverstors would seem to not be enough to generate the 3+ million share daily volumes of trading. However, the most recent numbers indicate there are more than 10 million shares short. This should actually increase the float by about 5% and allow for much greater trading volumes, even if the institutions are not trading their shares. Hedge funds are not subject to many of the regulations that instutional investors and mutual funds are. I think unless they own more than 5% of a company, they do not need to disclose anything.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
103.75+6.40(+6.57%)Sep 19 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.