Timroy, You can't have taht much volume from investors, it just
don't happen that people dump a stock like some school of fish,
Some wana be sharks jumped on her & shorted big time, now all they
have to do is cover. <G>
-------------------
Institutions bought Net 7.149 Mil shares in the last 3 mo
She wont stay down.
% Shares Owned
89.67
# of Institutions
251
Total Shares Held (Mil)
46.977
3 Mo. Net Purchases (Mil)
7.149
3 Mo. Shares Purchased (Mil)
21.394
3 Mo. Shares Sold (Mil)
14.245
------------------------
She had 4 mil short, ( now remember the NAZ counts volume twice )
as it goes from ( seller or shorted ) to the Market maker, then
Market Maker to buyer, actual trades from one person to another
are 1/2 of what the volume shows. ( on the Naz, not the NYSE )
Alway divide by two looking at Nasdaq volume if you compare
it to the NYSE, or before you think "wow she traded most all
her float ) as taht's not so , still she did trade a bunch.
Of the 16+M that went from one person to another on the
retail side, my guess is 2/3 of that was short sells.
So she is shorted up the yinyang, she won't stay down,
not this low anyway.
Jim
Jim |
