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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (4975)6/15/2001 1:17:25 PM
From: Cogito Ergo Sum  Respond to of 74559
 
One problem is the sheer weight of ownership. So many individuals, mutual funds, pensions etc owned it that who can you really sell it to.

I dumped all my major equity mutual funds many moons ago. Almost every one of them had NT exposure. While I was smiling having dumped NT itself between 100 -106 my buy and hold mutual funds were getting the crap kicked out of them because they held NT and I wasn't paying attention till much later (NT in the 65-70 range).

regards
Kastel



To: LLCF who wrote (4975)6/15/2001 1:49:31 PM
From: smolejv@gmx.net  Respond to of 74559
 
Question:
What do these companies have to do [is? / is not?/ is decide to.../ I have no clue, to be honest] announce that they'll sell all the stock the public wants @ $5 to get it to go down???

Comment:
this is a rare situation IMO where the public just really won't sell

Oops, LLCF, you're talking about Canada Pension plan here, careful (sg). No more FL condos for Canadian geese, if they decide to do that.


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