DAFNA Capital Management’s Lipocine LPCN Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-5,631	Closed	-$972K	–	99
2016 Q1	$972K	Buy	5,631 +2,690	+91%	+$464K	0.84%	38
2015 Q4	$647K	Buy	2,941 +294	+11%	+$64.7K	0.58%	45
2015 Q3	$532K	Sell	2,647 -2,353	-47%	-$473K	0.53%	52
2015 Q2	$729K	Buy	+5,000	New	+$729K	0.62%	45