Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: jbe who wrote (20366)	4/25/1998 6:09:00 PM
From: Gator II	Read Replies (1) of 95453

Re your observation concerning high institutional ownership, I agree with you, jbe, but doesn't it follow that when a stock with VERY high institutional ownership sells off on VERY high volume, a sharp rebound follows more often than not? My experience has been that HIGH volume is ALWAYS good (i.e., up or down) and it seems that the chances for a rebound would be enhanced if a company has high institutional ownership and it is they who are selling. When their selling is over, the true believers can then resume doing their thing...GATOR II

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