Shocking The Street believes the strength of Endo’s pipeline could make it a four bagger. After reading about Endo’s upside in Shocking The Street, BlackRock’s Larry Fink made a colossal bet on ENDP. BlackRock is one of world’s leading investment advisors with over $6 trillion in assets under management. In my opinion, this is a huge vote of confidence for ENDP. The question remains, “Will hedge funds pile in?” Hedge funds love to invest alongside other big investors in what are known as “club deals.”
Hedge funds are also great at creating buzz around their stock picks. They have a knack for getting [i] journalists and bloggers to write incessantly about what the “smart money” is doing, and [ii] individual investors to crowd into the trade. Hedge fund managers can earn a quick buck on their picks simply via public relations. Now that the word is out on ENDP who’s next? Wall Street’s Gordon Gekko would have gobbled this stock up already.
