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Exelixis, Inc. Message Board

  • enabeler enabeler Jan 28, 2013 10:32 AM Flag

    No PR or any media coverage of Meditor's increased holding?

    Doesn't it seem a little unusual that other than the filing, there has been no media mention of the new increase over the 5% threshold to a 6.5% holding by a outside investor?

    Sentiment: Strong Buy

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    • That would be absurd. Imagine the amount of trash releases if every company did that for every major holder. This is a public company - people are free to buy and sell it. It is only newsworthy if there is some greater strategic consequence that would materially affect the business, other than the addition/subtraction of shares.

      Sentiment: Strong Buy

      • 1 Reply to stockkarr
      • Absurd? Why have a filing requirement, if not to inform the current shareholders and public? It is not only "not" absurd but it is common to have a news release or media coverage and commentary on the filing of a major holding surpassing 5%. Eastern Capital (Dart Brothers) bought a smaller percentage and got a lot more press. I'm just surprised that the media coverage has been nil.

        Thanks for responding and it's really not worth arguing about, I just thought it was worth pointing it out.

        Sentiment: Strong Buy

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