Not sure if I am reading this right or not. You guys tell me.
Heres a piece of information you all may like or dislike. While researching another stock I decided to check MRVC's stats. Check this out......... ______________________________________________________________________ Largest 5 institutional holders Shares held % of ownership % net change Twentieth Century 1,814,000 8.87 even Bessemer Trust 1,200,000 5.87 even Provident Invt. 1,087,000 5.32 -28.6 Apodaca-Johnston 1,056,800 5.17 -42.9 Barclays Bank 854,692 4.18 +6.1
Now on to the 5% ownership
Goldman Sachs 5,308,000 23.91 +48.3 Margalit Shlomo 2,814,000 12.67 even Ray Noy Zeev 2,814,000 12.67 even Lotan Noam 1,351,000 6.08 even
42 institutions hold a 59.37% position, a 1.1% decrease from the prior period. 11 institutions established new positions. 5 increased holdings, 22 decreased holdings, and 4 were unchanged. ______________________________________________________________________
Ok MRVC fans. we have 59.37% position held by institutions. We have another 31.42% held by Lotan, Margalit, and Ray Noy Zeev. Thats 90.79% of the total. Am I reading this right? Thats roughly a little over 2 million shares left for us to gnaw around on between us. This doesnt include any other interest below 5% though I would imagine there may be a couple at 1% or so.
And of course I cant let this pass by. 59.37% of the shares outstanding are held by institutions. I wonder how they ever heard about MRVC? What is it that this many institutions see in MRVC? I suspect we all know the answers to these questions, so you need not hear my spin.
I just figured out how mauch of the company I own. Wow, do I feel inferior now. Take the total number of shares you own and divide by 22,200,000 and you too can feel what insignificance is like.
Regards All, Sam |