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ClearlyStocks

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ClearlyStocks

Re: 1geb post# 427

Wednesday, 08/07/2013 10:29:23 AM

Wednesday, August 07, 2013 10:29:23 AM

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This why I loaded up!

Larry Robbins' hedge fund Glenview Capital has disclosed a position in KV Pharmaceutical (KVPHQ). The firm filed Forms 3, 4, and 13D with the SEC regarding shares. Per the filings, Glenview has disclosed a 13.6% ownership stake in KVPHQ with 6,661,983 shares.

The filings show that they acquired shares between July 24th and August 2nd at prices ranging between $.2943 and $.5899. In August 2012, the company filed petitions for relief under Chapter 11 of the US Bankruptcy Code.

This guy just spent nearly $3 MILLION of his own money in the past week on this company. CH11 was in 2012.

If a hedge fund manager is willing to risk 3mil , ill risk a few k
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