LPAC Price
In late January, LPAC appeared to me to be going back above its 200 day moving average, but it was not to be. The last few days, volume has pretty much dried up, maybe this is a bottom.
According to the NASDAQ Institutional Holdings list
nasdaq.com
the institutions have bailed out. DFA Investments sold all 116,800 of its shares, Willow Creek all 414,200, and JP Morgan Chase all 512,993 of theirs. Witter William D kept
20,000 but sold 190,000. I assume DCDC got nearly all of these shares. This was reported of of Dec 31, 2000.
The next earnings report will be very important to my thinking about LPAC. |
