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.
Technology Stocks : Identix (IDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David who wrote (13723)6/1/1999 11:54:00 PM
From: Rob C.  Read Replies (1) of 26039
 
David,

You would want an institution to buy the stock, it makes the demand for stock go up, less shares in the float and so on. Once a mutual fund or company buys a stock they tend to hold it for a long period of time. For the sake of the longs here, you must hope that the shares are sold to someone that is not going to dump them onto the market which would tend to be the little guy who tends to have weak hands. Think about the last time an institution like Fidelity sold say MSFT, T, GE, INTC, AMAT, etc....they just hold forever.

I hope I didn't intrude with my answer.

Regards,

Rob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News