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Exelixis, Inc. Message Board

  • stockkarr stockkarr Apr 25, 2013 3:13 PM Flag

    Query - institutional hedge from last financing

    above 5.40 the institutional arbitrage disappears, correct? Haven't looked at the documents, but I do recall from reading here and in one of the articles published last fall, that participants in the last financing could freely short below their "set" price at 5.40. seems like resistance around 5.25 today, will be interesting to see if it breaks through next week.

 
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