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Re: A deleted message

Wednesday, 01/22/2020 10:03:01 AM

Wednesday, January 22, 2020 10:03:01 AM

Post# of 54276
Thank you. My point was that basically, supposedly, when an institution such as these huge ones moves money into a stock there is someone who works there that made that decision based on something and has analyzed the stock and thinks they won't get fired for placing large amounts of the company's money into that that stock. They can be wrong of course, but when their boss asks them why he/she bought 1,000,000 shares of ZN they better have a darn good and logical reason that they can articulate or they most likely will not have that job long. The fact that not just one but 50 of these big companies each has someone at their company that thinks this worth putting even $1 into says something to me. The dramatic move in the stock price the other week also says something to me. No accident in my view.
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