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Jacob Gottlieb’s Hedge Fund Buys a 5.4% Stake of MEI Pharma

Jacob Gottlieb, MEI Pharma: A couple of minutes ago, Jacob Gottlieb‘s hedge fund Visium Asset Management reported initiating a new position in MEI Pharma Inc (NASDAQ:MEIP). Visium disclosed that it owns 931,767 shares of the company, with an aggregate value worth some $9.3 million, at the current price of MEI Pharma’s stock. The stake represents 5.4% of the company.

MEI Pharma

Disclosure: none

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One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

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