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.
Gold/Mining/Energy : MPVIF Mountain Province Mining
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mark warburton who wrote (751)4/12/1998 8:52:00 PM
From: George J. Tromp  Read Replies (2) of 2577
 
Hello Mark: I just caught your post., usually an institutional following
on a stock will support prices. Most diamond stocks unless institutional support will not support prolonged advances. Most institutions hold 3 yrs.,, and most wont buy unless they see 3 yrs
performance in a stock. Most sustained advances will be led by
institutional investors., the less stock is floated the quicker the advance provided theyre stingy with there shares. That is a general
rule of thumb. It was evident in Abers early discoveries. Most of these
diamonds to have lasting price moves depend on institutional backing., and long term support. Institutional investors are usually considered strong hands. So I expect should the news warrant a significant move., it will be bolstered by fewer available shares., unless inisiders start dumping. Most small time investors or the man
on the street may move a stock in the short term., but the real money
people move the stock behind the scenes.
The small share float on the market is probably condusive to the amount of shares traded in the last six months., so all in all I would view the low share exchange as people sitting pat.
Didnt mean to but in Skelly but I just noticed the post., and put my
2 cents in.
Sincerely
George J. Tromp
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News