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Re: audiophule post# 12157

Wednesday, 06/01/2005 3:19:30 PM

Wednesday, June 01, 2005 3:19:30 PM

Post# of 157300
Dave & Busters is in the Russell 2000 right now with a market cap of $250M, pretty comparable to our market cap. The largest ETF for the Russell 2000 (IWM) holds $1.3M worth of DAB stock. For us that would be about 370k shares. That fund has 8B in assets. Even if you double that you are still below 800k shares. Triple that, unlikely, and 1.2 shares. We have traded 500k shares today. Also inst. buyers are very skilled and patient. It's not like they sit around and drop a market order in for 800k shares. They have days to do this if not longer in some instances. the additional buying may be 100k-300k a day. Pre split we are talking about an extra 4.5M shares. The big run ups happened with 100M share days. This effect will be short lived and the lack of real news right now the stock is only going to drift sideways to lower. I wish all the luck.
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