GREY:HRIVF - Post by User
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Olderwisernowon May 30, 2008 1:50pm
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Post# 15128123
Goldman buying most of stock today???
Goldman buying most of stock today???Take a look at who has been buying. Today again Goldman 629,000+ bought so far today. Either they know something we do not, or again it is just on the analysis of value in this sector. One thing though, this is not some day trader, it is solid steady accumulation while most other houses are net sellers. My experience on this sort of pattern is that they know something, and are buying on that. Of course this is my conjecture, but Goldman represents smart money, and the buying is so lopsided and getting more pronounced that one has to consider this pattern. Forget whether it fluctuates a few pennies in here, consider the buyer, and ask why they are buying.imo Most of the rest looks like small retail, getting out near or at the bottom.imo This really may be the classic case where smart money buys from the emotional stupid small investor. For what its worth.