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Technology Stocks : Full Disclosure Trading
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To: Sarmad Y. Hermiz who wrote (3223)12/12/2002 4:36:36 PM
From: BWAC  Read Replies (1) of 13403
 
We did that churn calculation thing the other day. AD is doing a bit over 1/2 of 1% of the average daily AMAT volume. I bet the churn is at least 90% daytrading. 10% investing related. I don't find it hard to concieve that there are 199 more traders/insitutional traders/hedge fund traders out there in the whole world doing the same or more as AD. 199 doing the same would be 100% of the volume.
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