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reallybadtrader

08/03/07 2:16 PM

#7975 RE: siriusadult #7974

Replies:

1. MLK not posting does not make me sad.

2. I would assume they are always actively trying to showcase themselves to insitutions. I would not be so quick to use cnbc as your up-to-date info source for several reasons.

Funds do not advertise when they decide to accumulate a position, it would not be beneficial to declare holdings until they actually have the position.

Second, there are many buy-side desks that dont have to declare holdings like mutual funds do. I believe if they are not a beneficial owner, and fall outside of certain regulations, they dont have to register their shares and will never show up on a feed like that.

My thoughts are if this report shows some strength and growth, you will see accumulating start. That will reflect in more institional ownership. The yahoo and cnbc institional reports are lag indicators of this, so it would not reflect for some time.