40 something- thoughts- buyers
The buyer-seller mix has been fairly consistent over the past week. I wondered if, when the tree got shaken, Raymond James & Boulder would jump, because they have already made a bundle for their clients. I was wrong. They aren't jumping, they are holding. Jeez, RJ bought again today.
And the institutional houses aren't jumping either. They are all just sitting tight.
The jumpers seem to be the little guys...self-directed investors and the less savvy retail brokers who get browbeaten by clients when their stock is in a loss position.
If you take out the stock crosses, there have been less than 350 K shares crossing hands since the start of the year. As you said (I think) 40something, in a volatile market, the VSX is the first to be impacted.
Given what we know about the stock and what's in the pipeline for 2008, perhaps we could coin a new term based on a Monty Python skit from long ago: "the kamikaze VSI investor." Hurls himself out of the castle window chasing pennies while leaving dollars in his desk drawer....:)))
Gladys