InvestorsHub Logo
Followers 17
Posts 1837
Boards Moderated 0
Alias Born 09/02/2001

Re: JTORENCE post# 561

Tuesday, 10/13/2015 3:53:26 PM

Tuesday, October 13, 2015 3:53:26 PM

Post# of 4193
A bit disconcerting, true, but you need to look at the volumes involved and the MM's penchant for buying low. With nearly 27 MM shares outstanding and 17 MM in the hands of insiders (per Fidelity with no insider selling), that leaves some 9.7 MM free trading. With very little buying it doesn't take much to knock down the bid and sucker a few restless holders.

JMO

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.