Institutional Buyers Vs Private InvestorsI think that the institutions with the foresight to buy in now are far more likely to hang on to future multi-bagging gains from Ithaca than the PI's It takes so long for institutions to build and exit their positions that they won't try, they will just sit it out over the next few years, reaping the gains and ultimately leaving very little money on the table when the play eventually comes to an end. It is my opinion that Ithaca will 10 bag or more in relatively few years. Having the audacity to both buy Valiant and develop GSA more or less simultaneously was an inspired move by the company. This bold and aggressive, yet at the same time measured and structured growth strategy will continue apace once the GSA cash generation begins. The majority of PI's will try to play the trading game, desperate in their own minds not to hand back profits at the first sign of any pullbacks, then attempting to buy back in shortly after. What will really prang this kind of trading strategy is that the initial price move is likely to combine periods of fairly steep price gains where Ithaca becomes very over bought followed by reasonable pullbacks and/or tight sideways moves (high tight flags) lasting several weeks, even into months - traders will tend to be mercilessly whipsawed by this kind of price pattern, effective trading execution will prove extremely difficult - this is far from being the optimum strategy for Ithaca investors. Doug