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Strategies & Market Trends : Buffettology

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To: James Clarke who wrote (412)10/9/1998 2:22:00 PM
From: jhg_in_kc  Read Replies (1) of 4691
 
James, seriously speaking now, you posted:

<<Companies don't trade 100 million shares in a 20% range because of business fundamentals.>>

This begs the question why do 100 million shares change hands in a 20% range? What are you implying here?

(one of the more interesting posts on the Dell thread was a list of share holders who held more than 500,000 shares. It read like a who's who of New York and California banks, wall street, and mutual funds and pension funds. there are many, many big owners of Dell. Naturally if they all decide to sell at once...look out....(If they all decide to buy at once, look out the other way.)

Is that what you are implying? I am a worrier by nature. Please expand on your thought.

jhg
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