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Forum - Wall Street Pit (Sunshine Heart Inc - SSH)    Stock Due Diligence for All

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From: alectric (Rep: 171) reply to alectricDate: 04/21/2017 06:57
Forum: Wall Street Pit - Msg #2671864 - List SSH msgs Thread #673922504 (Rec: 0)
Re: Ki Yong Choi bought 1.2M on the open mkt last couple of days. Why didn't he buy the secondary in which he would have gotten warrants with his purchase? Perhaps, he didn't want the 4.99% limitation.



Reply to alectric - Msg #2671847 - 04/20/2017 17:12

Re: Ki Young Choi owns 1.46M shares of the company according to filing today. Bo...
Correction: it is not a mistake. He bought 1.215 million shares on April 18th and 19th. Hard to believe the stock didn't move more. The market makers must have kept it low in order for him to buy the shares. They were bought on the open market. I guess the company doesn't have a poison pill. This is an activist investor.
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