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  • SandyRon updated basic information. 12 hr ago
  • SandyRon commented on Kyle Ferguson's article 14 hr ago
    Mohnish Pabrai Builds His Position in Horsehead Holding
    Guru Mohnish Pabrai (Trades, Portfolio), an engineer, investor, author, philanthropist and competitive bridge player, has recently been increasing...
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    SandyRon 11-27 12:20
    • Gents,

      I think you have the total outstanding correct, but the number of share purchased seems like it might be misunderstood. I think his total ownership position is 8,300,121, not the number of purchased shares at that price. There are SEC filing requirements to file should he own more than 20% of the company, and that would account for more than 60% of shares outstanding (e.g. 38m shares...) I am surprised this total doesn't show up in his 9/30/15 filing. Would be interested in anyone knowing why that is the case, when he did add to his position throughout the summer as noted (although the listed amounts are balance owned, not purchases.)

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