Hmm. Known for algorithmic trading. Increased stake in Q1 by 362% to just under 1.5M shares=around 3% of outstanding. Not sure which fund. If it's their Nova fund, it's purely electronic trading with a few traders monitoring. Or could just be one of their other funds they run for institutional clients.
if electronic trading, not sure why it's worth mentioning. Given huge rebounds in Tesla, Netflix and other high flyers in recent bull mkt, it makes perfect sense that algorithmic trading would rotate into MAKO at this stage. MAKO is late to the game because Q1 was ok, not great like the others. Hope Ferre understands the mkt's expectations
I have been envolved in the stock market since 1959.hired as a broker in that year. retired in 2002. Ive had big winners and large loosers, but the action in mako indicates to me the pressure on this companys stock as we all heve seen has been relentless.The shorts seem to have a the assistence from the MARKET MAKERS TO KEEP UP THE PRESSURE. Every day the stock action early in the day is up and looks like this could be the start of recovery for the price of the stock.this action seems very purposely done to attract more buying BUT THEN THE SHORTS MOVE IN.MARKET MAKERSi ARE MAKING BIG GAINES BY ASSISTING IN THE DIRECTION OF THE ACTION. NOW THERE IS NOTHING WRONG OR ILLEGAL IN THIS ACTION BUT THIS IS JUST MY OBSERVATION. THIS CYCLE MUST BE BROKEN IN ORDER TO CHANGE THE DIRECTION OF THE STOCK. FIRST AND MOST IMPORTENT YOU GOT TO SHOW THE HEDGE FUNDS THAT THERE ARE SERIOUS ATTEMPS BY THE COMPANY TO ACCOMPLISH THIS .1.NEW MANAGEMENT TEAM.BRING IN SOMEONE WITH A REPUTATION FROM ANOTHER LEADING MEDICAL APPLIANCE COMPANYMAKES THE INVESTMENT COMMUNITY SIT UP AND TAKE NOTICE.GIVE HIM OR HER LARGE INSENTIVE OPTIONS SO THEY FEEL IF SUCESSFULL THEY WILL BECOME WEALTHY. 2.CONTINUE ON PATH OF EXTENDING NEW PROCEDURES ( shoulders ankles etc) THE MORE PROCEDURES INCREASES THE NEED FOR HOSPITALS TO BUY. THE THINGS I HAVE SPOKEN ABOUT HERE ARE CERTAINLY NOT NEW ON THIS BOARD TO THE MEMBERS.iVE TAKEN UP MUCH TO MUCH OF YOUR TIME TO SAY THINGS THAT HAVE IRRITATED ME SORRY IF I DID. BUT THERE SEEMS TO BE A LACK OF RESPECT FOR TOP MANAGEMENT BY INSTITUTIONS IN THE INVESTMENT FIELD AND THE MEDICAL FIELD. THANX FOR READING MY RANT.