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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (6065)4/10/1999 10:53:00 AM
From: hoffy  Read Replies (1) | Respond to of 52051
 
I don't think the exposure from these threads has been driving IATV higher. It hasn't hurt but on Friday over 60% of the trading volume was institutional. The trade sizes are consistently high (over 10,000 shares). This is not your average investor on this thread buying this stock. Once the institutions own a lot of the shares, it will eat up the float and there will be less shares for the individual investor to buy. That will drive the price higher. Also, once these institutions have accumulated their shares, they will undoubtedly start covering this stock with buy recommendations. Another driving force yet to come.

Let's hope next week is as good as this week.