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Re: wadegarret post# 14880

Monday, 06/27/2005 2:12:43 PM

Monday, June 27, 2005 2:12:43 PM

Post# of 173904
Wade, here's a guess on THK:

A Form 144 filer, Carol Schmidt, filed to sell 200k shares on June 20.

That obviously put a cap on the rally back then, and the stock is under heavy pressure today as many of those traders who bought in the low 2s a couple of weeks ago lock in some profits (IMHO).

This stock needs some institutional support!

I checked some data on Nasdaq trader and found that as of March 31, there was only 1.1% institutional ownership. That's why the stock gets pushed around so badly on days like this!

http://www.nasdaq.com/asp/Holdings.asp?symbol=THK&selected=THK&page=holdingssummary

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