Thursday, December 28, 2006

Nothing To See Here--Move Along

After doing some additional research and about half a dozen e-mails from you guys, there doesn't seem to be anything strange with that large Take-Two trade I mentioned yesterday. Glenview Capital Management is a big hedge firm, they held a large position in Take-Two for ten months, and they moved less than half of it yesterday, even if it was three million shares. So it's certainly a huge trade, but given the size of GCM and the number of shares Take-Two has outstanding, it's not necessarily an indicator of trouble.

Site Meter