Vanguard Group is Bearish on These Stocks for Q3 2011

Wall St. Watchdog reveals information regarding significant reduction in shares for Vanguard Group’s holdings on the quarter ending September 30th, 2011. The firm is bearish on these stocks:

  • Spanish Broadcasting System Inc. (NASDAQ:SBSA): On 06/30/2011, Vanguard Group reported holding 439,573 shares. On 09/30/2011, Vanguard Group reported holding 43,955 shares. The net reduction in shares for this position is 395,618 or 90%.
  • Neurometrix Inc. (NASDAQ:NURO): On 06/30/2011, Vanguard Group reported holding 89,658 shares. On 09/30/2011, Vanguard Group reported holding 14,942 shares. The net reduction in shares for this position is 74,716 or 83.33%. About Company: Neurometrix Inc. is a medical device company that designs, develops and sells proprietary products used to diagnose neuropathies. The Company’s neuropathy diagnostic system provides primary care and specialist physicians objective information that aids in the diagnosis of neuropathies at the point of service.
  • Neurometrix Inc. (NUROD): On 06/30/2011, Vanguard Group reported holding 89,658 shares. On 09/30/2011, Vanguard Group reported holding 14,942 shares. The net reduction in shares for this position is 74,716 or 83.33%.
  • Epicept Corporation (NASDAQ:EPCT): On 06/30/2011, Vanguard Group reported holding 296,258 shares. On 09/30/2011, Vanguard Group reported holding 53,447 shares. The net reduction in shares for this position is 242,811 or 81.96%. About Company: Epicept Corporation is a specialty pharmaceutical company. The Company focuses on the development and commercialization of topically-delivered prescription pain management therapeutics.
  • Epicept Corp (EPCT.PK): On 06/30/2011, Vanguard Group reported holding 296,258 shares. On 09/30/2011, Vanguard Group reported holding 53,447 shares. The net reduction in shares for this position is 242,811 or 81.96%.

(Note: Data regarding Vanguard Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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