GREY:PGDIF - Post by User
Comment by
Gauwdon Nov 05, 2015 6:56pm
103 Views
Post# 24264132
RE:RE:RE:RE:RE:RE:RE:RE:since Oct 1
RE:RE:RE:RE:RE:RE:RE:RE:since Oct 1maggie, that profile pic IS a younger and better looking me,
agree, will be hard for institutions not to consider locking in a 15-20% gain, or will it?
Lets do some math, assuming 80% of the 20 million shares traded since the beginning of Aug are instituitonal buys.
80% of 20 million is 16 million shares, at an average (I will use the average close because its easier) = $2,832,000 invested.
15% gain is approx $425K,
20% gain is 566K
Divided by 3 instituitons (only a wildar$e guess)
if so.....not even going to be a blip on the P&L IMO
I think they will need to see this jump more before selling into any rally, and I do believe the expectation is for more.
One of you youngins check my math, Glen has come over for a visit
MHR