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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: ChrisJP who wrote (6134)6/17/1998 10:08:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
Chris, interesting comparison between APCO and MTON charts. Hmmmmm.......

While there is some insider selling on both stocks, institutions have been buying.

MTON
18 institutions own 19% as of 3-31-98
9 inst. opened positions while 4 closed
mutual funds own 6 %

APCO
30 institutions own 34% as of 3-31-98
10 institutions opened positions
mutual funds own 5 %



To: ChrisJP who wrote (6134)6/17/1998 11:41:00 PM
From: Cary C  Read Replies (1) | Respond to of 29382
 
>>If you check out the insider trading for KEG and PESC, you will see TONS of insider selling from July 97 - Oct 97<<

Chris I respectfully disagree. KEG has 18.3 million shares outstanding
with a float of 17.2. They have an average day traded amount of 226k shares. The total amount of shares sold were 120k. 40k of which were sold below $22 and the stock went to $38.

That is .0065 of the outstanding shares. I just don't see it. But then Sergio accuses me of that all the time <g> Sometimes I'm right. Sometimes I'm wrong.

Cary