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Re: teecee post# 63251

Wednesday, 03/17/2004 6:46:43 PM

Wednesday, March 17, 2004 6:46:43 PM

Post# of 432707
TC IMO it was an institution that unloaded all that stock in a few minutes. This is one of the downsides of institutional ownership. I have seen an instance when an institution dropped a million plus shares onto a thin market with no apparent concern for price and when there was no apparent emergency. As individuals, you and I can take risks for superior rewards that an institution may feel unable to take. I doubt that we will ever know the exact reason for their action, but it might be that they just felt they had too many shares and they wanted to sell some of them.
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