Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (8421)	7/5/1999 7:37:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 118717

YYYYYYYIIIIIIIKKKKKKKEEEEESSSS!!!!!! Must be why almost a million shares traded on Fri. Very stagnant situation. ;-)

To: LTK007 who wrote (8421)	7/6/1999 12:41:00 AM
From: Dale Baker	Respond to of 118717

Here is the quote from the original article: "One huge difference – the data here show APEX is 95% held by institutions. The sector average is 49%. Overall those institutions have been net buyers in the last 3 months, soaking up another 25% of the available shares (this is probably Van Waggoner at work, plus other managers who are copying his picks). Put simply, there aren't many shares left to buy but there also aren't many retail buyers jumping in to drive the price up. The institutions seem to be strangling the stock. APEX can only take off if really good news triggers a wave of new buying and the institutions don't sell into the rally. Mutual fund managers will determine the fate of APEX stock."