Unrelated: PenderFund (And Affiliates) Own 5.6% Of Mattersight…

I’ll look at this some other day, but immediately before Q1 results, an SEC Schedule 13 was filed.

Now you know — about 1.8 million shares. Here is what the S-3 resale looked like, last month. So it looks like the fund(s) picked up some 175,000 additional shares since the Reg D issuance — maybe even from other private buyers(?)…

Fascinating — even so (this part written on May 11, 2017), they cannot be happy — at 10 per cent underwater, on the $3.00 investment buy in. Tonight the company closed at $2.72. Ugly.

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