Seems like following Hedge Funds is a good strategy to make a quick return. I was skeptical, but with the pump of HSDT, I am somewhat convinced.
Due to the regulatory requirements of having to disclose a position greater than 5% within 10 days of the event, tracking HF ownership stakes in low cap stocks is fairly easy.
Couple that with proven past history demonstrating "pump and dump" in certain HF's, these type of trades seems reasonable. And when all this ties in with near all time lows and seemingly real company with a good vision, I feel better betting a few dollars. I'm willing to wager that some HF know more than the general public.
With multiple hedge funds having material ownership stakes in this company, I think it's a safe bet.
Due to the regulatory requirements of having to disclose a position greater than 5% within 10 days of the event, tracking HF ownership stakes in low cap stocks is fairly easy.
Couple that with proven past history demonstrating "pump and dump" in certain HF's, these type of trades seems reasonable. And when all this ties in with near all time lows and seemingly real company with a good vision, I feel better betting a few dollars. I'm willing to wager that some HF know more than the general public.
With multiple hedge funds having material ownership stakes in this company, I think it's a safe bet.
