Replies to post #40230 on Zeev's Turnips Patch-No Politics (ZEEV)

[D2]

Yep...selling off....I'll wait.....now NAZ is red.

D2

[JLSegal]

Zeev, I'd expect heavy institutional dumping of OMG all day, with today being mutual fund's FY end.
Last day to take tax losses. Per Market Guide, OMG has (or had) a whopping 95% institutional ownership .... with 21MM shares outstanding.
It'll be interesting to see where OMG 'settles' in the next couple weeks .... will there be any bounce ... or dead money for some time?