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Wednesday, August 15, 2018 9:12:45 AM
Checking out where we are today on Institutional ownership.
With one day to go and 10 yet to report, yesterday we are at 98.79%. Today is the last day to report.
I read the list three times and did not see my brokerage listed. They are not a small player.
Of note there was roughly an increase so far of 1,400,000 shares in the second quarter net.
1.21% of 78Million is roughly 930,000 shares or less left at the end of the 2nd quarter. I will be most interested in the figures at the end of the third quarter. It would seem something is going to have to give
soon if there is the same increase this quarter. There are not that many shares left.
IanFromSI is correct about most shares are not listed not in street names. Sometimes i tend to forget that.
I notice that we clawed our way back yesterday on much lower volume. I expect to keep seeing lower volume if the big boys hold on.
I searched a couple of hours yesterday, between a couple of appointments, to try and figure out what the most likely unknown Tx on M254 might be. My best guesses are Lupus or Pulmonary Fibrosis or some type of Fibrosis. A lot of interest by our staff researchers in those two areas. They have given speeches at conferences on these two areas.
We shall see if I am close in less than two months.
CW said in a short sentence that the staff had come up with a couple more new ideas as I remember. I hope we might hear something more about them on the R & D day. Then again, we might not if they want to keep it a secret.
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