PPD (Pre-paid Legal Services) on the move Message Board

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Non-Tech : PPD (Pre-paid Legal Services) on the move

PPD 47.28

0.0%

Dec 8 4:00 PM EST

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To: SC who wrote (724)	9/21/1999 12:40:00 AM
From: Michael Burry	Read Replies (1) of 801

Shawn, I can't access SEC Edgar right now, but here's my thoughts anyway since I'm here. It appears that 100% of the accumulation ongoing in the stock over the last few years has been by a couple of hedge funds and/or their general partners. Whether these are savvy investors or not, who knows? They certainly own a lot of the stock. But I wouldn't necessarily classify them as knowledgeable insiders. This is an evangelical company, and that they convinced a hedge fund manager or two to invest heavily doesn't surprise me. I noticed Stonecipher gave away 10,000 shares. Wouldn't it be nice to have a public company that is overvalued and in which you own too many shares? Death then becomes the only inevitable. Good investing, Mike

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