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Vertex Pharmaceuticals Incorporated Message Board

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  • 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.

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