GREY:TBTEF - Post by User
Comment by
talladega73on Dec 20, 2014 8:45am
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Post# 23252251
RE:Sellers past 2 days
RE:Sellers past 2 daysShort term traders come and go with any stock that exhibits high volume and good liquidity but I think the core ownership TBE is forced to target are small cap focused institutions looking for high dividends and a modest growth profile. The retail investor is such a small group they just don't have the impact they had prior to the advent of Mutual Funds and ETF's. Today's stockbroker is for the most part just a securities licensed mutual fund salesman who doesn't know a stock from a bond. When the banking industry moved into the investment business in the 1980's transaction oriented income was replaced by the management fee structure and the discount brokers picked up the people like you and I who thought they knew enough to invest by themselves.