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Museloser

07/19/14 5:05 PM

#6196 RE: bullforever #6195


This is really funny. Before July 9th, you folks were saying institutional ownership is at 90% even though every major brokerage firm was showing it at less than 50%. Now , you are saying that all the sell volume since July 9th is retail not institutions. By that logic,currently hundred percent of the stock should be owned by institutions who absolutely love this company and the way its management operates. So, the stock will fly to the moon starting next week right? No retail left and institutions loving it and buying at. LOL Time for another one of those "Mark this post, BAA will be at ---- by Friday" posts. The math simply doesn't work. The logic simply doesn't work. Just like the management of this company who does not know anything about mining ( to the point of blowing tens of millions of dollars on the wrong equipment) other than how to give themselves bonuses out of money borrowed at 10% and above interest rates. I guess that is why these imaginary 90% holders like about this company. The fact it has such a competent (!) and Stellar (!) management team. They just have a funny way of showing that love. They keep selling 250,000 to 500,000 share blocKs of stock!!! Oh I forgot, that is the retail mom and pops doing that. All those block sells since July 9th is Joe Schmoe's stock at e-trade.
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~ Blue ~

07/19/14 7:06 PM

#6203 RE: bullforever #6195

Retail investors hold about 10 % of shares it means about 25 million shares.. most of these shares are retail shares.. by the way so many retail investors have been joining and want to join as well.. like me i have over 900k shares..