SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Tularik Inc. (TLRK)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (239)6/19/2002 1:54:51 PM
From: Czechsinthemail  Read Replies (1) of 598
 
Good questions. I know that fund management companies have their own portfolios and who knows what kind of trading they may do in advance of fund purchases and sales? It is conceivable that they sell from their own account before selling from their funds. Ditto for buying. There is also considerable discussion of mini-hedge funds recently. Since hedge fund managers are typically compensated largely on a percentage of money earned, they may be much more richly compensated for being "right" than others are penalized for being "wrong" in their portfolios. Beyond that, small companies are easier to price rig than large ones, and it's a good bet that those setting stocks up to be trashed are going to be buying them when they are down and out.

Here is the yesterday's trading record for TLRK:
host.businessweek.com
There were a number of block trades, but I didn't notice a clear pattern of predominant buying or selling among them. Maybe others can decode the signs.

My approach, thick-headed and contrary though it may be, is to try to find the most promising companies and buy them when their stock is down. Though it is generally not much fun to watch your stocks get hammered, I've learned that systematic buying when they are down sets up the best profit opportunities for when they come back up. It's easier and generally more workable than trying to figure out an inside game I haven't been invited to watch let alone play.

In that regard, I am very grateful for the generous contributions of time, energy and insight you and many others provide that helps make it easier for all of us to understand the companies and how their businesses are likely to do. Many simply don't take the time to learn about the companies, but it is nice to have the rich resources available for those wanting to learn.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext