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To: Natedog who wrote (2809)3/16/2000 12:16:00 AM
From: jbr29  Respond to of 4269
 
Nathan,

Inre your Post #2809:

This is a very informative post that ALL investors should follow. You have posted EL DORADO. As a service to the readership (I don't subscribe so I can't perform this function), it would be wonderful if on the 14th of each subsequent month you could publish, just as you have with this post, the prior month's activity.

To interpret these numbers, there is one main column of interest, that is the next-to-last, the one that is described as Sh Net. What this means is the number of shares purchased less the number of shares sold, per brokerage, over the last month. The bigger the number, the more folks at that brokerage left holding the bag. On the other hand, a negative number means more shares were sold than bought over the month at that brokerage.

Be mindful that each listed brokerage may have savvy or not so savvy investors, or both. You can see that Nesbitt has a lot of not-so-savvy investors, but there may be a few sharp ones there hidden in the weeds. Now take a gander down to the bottom of the posting. In particular, the last four brokerages. The manipulators trade through these brokerages. Note the lopsided buy and sell figures for the last brokerage. My money says the big orchestrator has his account here. Keep monitoring the buy activity at this brokerage, since prices have receded considerably.

Manipulators can change brokerages, so be alert to sudden increased buying from a brokerage and make a mental note.

Gee, it's kinda fun to out these guys.