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Re: wshaw14 post# 21359

Friday, 06/23/2017 6:48:18 AM

Friday, June 23, 2017 6:48:18 AM

Post# of 24227
Our friend Lester has been saying the same thing for quite some time now, although the evidence is counter to his claims.
http://www.nasdaq.com/symbol/lode/institutional-holdings

He hasn't yet learned that many of these "institutional holdings" are based on a computer formula based on sector/industry/cap segment.

He also does not quite understand how to read the reporting. BlackRock did not increase by 94,000. They did increase - but by 7,336 shares.

The 13F's must be filed within 45 days of the end of the qtr. So you have all the info by Feb 15th, May 15th, Aug 15th, Nov 15th. And that info is based on their holdings as of the last trading day of the qtr - Dec 31st, March 31, June 30, Sep 30.

So, holder xyz could be holding zero at March 31st - buy a ton on April 1 - sell them all before June 30 and you would never know they were in the game. Yet - volume spikes could show up all over the place.

Investors in Comstock are better served by the Van Den Berg's and the US Global's and the Sun Valley Gold's and the Royce's of the world.

NOT the index or hedge funds that are driven mostly by a computer or day trading scalpers.

Just my two cents worth.
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