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TOPIC: A tale of two Sabby's

A tale of two Sabby's 19 Feb 2015 09:37 #3450

  • myownhedgefund
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Quite interesting the recent 13G/A filed by Sabby versus their year end 13F

Big difference !

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A tale of two Sabby's 19 Feb 2015 09:57 #3452

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Hedge,

Reading those filings makes my head hurt. What do you glean from it ? Do you think Sabby is seriously considering making a play for Cytori? Huge volume yesterday had to mean something? Or are we facing another round of manipulations?

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A tale of two Sabby's 19 Feb 2015 10:12 #3453

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<nameOfIssuer>CYTORI THERAPEUTICS INC</nameOfIssuer>
<titleOfClass>COM</titleOfClass>
<cusip>23283K105</cusip>
<value>1025</value>
<shrsOrPrnAmt>
<sshPrnamt>2096392</sshPrnamt>
<sshPrnamtType>SH</sshPrnamtType>
</shrsOrPrnAmt>
<investmentDiscretion>DFND</investmentDiscretion>
<otherManager>1</otherManager>
<votingAuthority>
<Sole>0</Sole>
<Shared>2096392</Shared>
<None>0</None>
</votingAuthority>
</infoTable>
<infoTable>

This is from their filing of the 17th.
Two mio shares????? :bye: :bye:

But this could be the holdings as of year-end, to which the conversion of preferred stock needs to be added, which was approved on January 6th. :whistle:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

A tale of two Sabby's 19 Feb 2015 10:25 #3454

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fatboy....No, I do not think Sabby is buying Cytori. Would he be happy if someone else did ? Sure. Is it in progress ? Doubtful at this time...but I guess one never knows for sure. Otherwise I believe the 13F that they own 2 million+ shares and have been net sellers when the price has been right. How one reconciles two year end filings with such differences is one for the SEC....and you know I bet they wouldn't have a clue either...LOL !
:bash:

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A tale of two Sabby's 19 Feb 2015 16:21 #3459

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Thanks Hedge.

The enigma continues. Probably dumped some this afternoon at the close. Looks like we are back on the rollercoaster.

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A tale of two Sabby's 20 Feb 2015 00:09 #3460

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myownhedgefund wrote: fatboy....No, I do not think Sabby is buying Cytori. Would he be happy if someone else did ? Sure. Is it in progress ? Doubtful at this time...but I guess one never knows for sure. Otherwise I believe the 13F that they own 2 million+ shares and have been net sellers when the price has been right. How one reconciles two year end filings with such differences is one for the SEC....and you know I bet they wouldn't have a clue either...LOL !
:bash:


I agree with Fas that the lower count in that filing is probably due to unapproved shares.

I think that it is unlikely that Sabby would sell any shares. For what gain? The share price has not been above .52 for more than a handful of days. Are they really scalping pennies here?

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A tale of two Sabby's 20 Feb 2015 11:11 #3461

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The fact that they do not have "major" accumulation in mind is clear.

Yes- the filing related to year-end holdings and were a decrease of 1.4 Mio CYTX shares. :bye:

Sabby Management 12/31/2014 2,096,392 (1,398,976) (40.02) 1,155

Link- Nasdaq Holdings

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:
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