Repros Therapeutics Inc (RPRX)

[docbanker]

Doc, either Great Point Partners, or Franklin Resources.......

or both may be liquidating some of the rprx shares due to KERYX hit.



****************Well lets compare the two. One is a specialty healthcare hedge fund/private equity shop who has a slew of positions down 30-50%+ for the year and a bunch of "faster money" fund of fund investors. One the other hand is a monstrous sized mutual fund who could absorb one bad stock move and who was adding last time they filed. Hmmmm.
If you look at a lot of GP's positions over the last 2 wks, many were down 20% which smelled of a large holder getting out. My guess (this is qualified as a guess) is that they are experiencing a good amount of redemptions, if not in serious trouble. This is an opinion based on nothing more than performance of many of their names in the past months, the type of investors they have and the sharp drop in many of their stocks over the last few weeks- I do not know for sure though.

I believe whoever the seller is that he/she is not cleaned up. The 250-300k of blocks over the last few days were at the tail end of a significant quantity of shares being leaked out of the prior 3 weeks (there was a lot of leaking- those days that the stock closed positive by a cent or two and someone joked about manipulation- that was some persons buying everything anyone would give them at a flat to down stock price).