Verb Technology Company Inc (VERB)

[JR30]

This makes more sense.

Institutional investors have a long-term outlook. While many individual investors lack a clearly defined target holding period, institutions purchase shares, such as VERB with the intent to hold them for several years. Because their purchases are preceded by a thorough analysis, sometimes lasting years, they cannot jump from one stock to another every month. In most cases, the individuals who entrust their funds to institutions will also not need immediate withdrawals, allowing the institutions to buy and hold. Therefore, when institutions buy a stock, they initiate long-term trends. Individuals lift the share price today and drag the same stock down shortly thereafter by selling it. Institutional buys, however, tend to "stick" and establish solid and lasting trends.

Institutional investors are the leaders in the stock market. When even a single large institution begins to accumulate a specific stock, other institutions as well as individual investors tend to take note and follow. Such interest means that the stock's issuer passed the stringent test of the institution's financial analysts and holds long-term promise. Since institutional analysts also tend to contact the company's management directly, their purchases imply the company is led by a professional and reliable management team that the institutional investor feels comfortable interacting with.


Kurt must have had loads of talent since he couldn't get another job in 2 years.


His dad was hoping he would be able to hold down a job at VERB when he moved out of his parent's basement...



But when he failed at VERB, he had to beg his dad to let him move back into their basement.