Just checked the Institutional Holdings of SGF and .........--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------. Many of the "rah rah" longtimers and the boys with SGF pom poms do not like these updates as my inbox has indicated many times after my past updates.
Oh well. I will lay out the numbers for those of you who respect and use information like this as part of your ongoing DD.
About 6-8 months ago, I reported a new institutional holder by the name of "Esposito Partners LLC" purchased about 175000 shares. Unfortunately they have now sold over 125000 shares and one can safely assume they are liquidating their small position.
ALSO, DFA continues to very slowly distribute its SGF holdings.....they appear to have sold 125000 SGF shares since the last report period.
Now for the really significant update IMO........There has been NO NEW Institutional buying during this past reporting period . Not one SGF share purchased!!!!....despite certian LongShoreMen's desperate claims that "special" things are going on behind "special" curtains!!!
Always good for a chuckle!!
Couple this Institutional Update with insider selling, and FNR's slow distribution of SGF shares and there is an important message being sent: "Nothing significant is going to happen to the SP for a long time yet."
GLTA
Pickinbottles