RE:RE:Institutional are starting to buy YTY
fiveniner wrote:Forbes is a new fund that picked up Wi2Wi.
It looks like they are doing a little bottom feeding - picking up four of the companies that were battered after the Hans Black problem (also including Amorfix, Tyhee).
Their shares are valued at roughly 10.5 cents.
I see no indication that they ever held YFI.
Come on be serious. Institutional don't get in by buying cheapies. They don't care that much if it's .11 or .14. When they get in, they know what they're doing. Plus, rarely you will see them get into 10 cents companies. If they wanna go into a small company with a bright future, they would enter for a huge chunk via a PP. Because institutional knows a lot more than us and really, really like the warrants possibilities. For them, warrants is the real reward and huge profits that they look for, since they bring a lot of cash in the company. Plus, going via a PP doesn't change the day to day SP. You like this one Truthlogic, funny how you don't bearish the posts that falsely promote YTY with institutional bullshat.