SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: StormRider who wrote (36041)9/25/2001 1:37:51 PM
From: Jim Spitz   of 37746
 
Oh, I hadn't realized they haven't been down that long. Seems longer to me. Institutions owned about 29% of the float before. Once they stop selling and insiders, if any, stop selling, it should pop and stabilize.

I am keeping my eyes on it now.

EDIT: OOPS that was GENI that had 29% institutional ownership. MCLD had 71% of the float as of June 30. Looks like they sold the crap out of it since then.

Naturally CSFB waits until it is down to about a buck before they downgraded it. Typical.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext