RE:RE:RE:310 MILLION SHARES We were , some of us, wondering if you're clueless or not. Then you open your mouth and prove it chefboyrdee. It's uncanny how reliably 100% wrong your theories are. Institutional investors DO hold penny small caps. For example, Eric nuttal the now mythic institutional investor in energy stocks has owned several. I think ATH was his most famous. He bought 10% of the company at 18 cents. Still owns it 2+ years later. And to continue your perfect WRONG statements, no, he doesn't trade it. Institutional investors don't trade small caps. Maybe You don't know what an institutional investors is?
As per Oxford dictionary definition:
"a large organization, such as a bank, pension fund, labor union, or insurance company, that makes substantial investments on the stock exchange."
To answer fleamarket, anyone can go to stockwatch and get basic data like volume by exchange, not just tsx. There is no database anywhere that provides info identifying who bought a stock. That's why, in fact, the broker code 01, anonymous, was started. To conceal any cookie crumbs. Mutual funds disclose their top 10 holdings monthly and their entire portfolios twice per year on sedar and their own websites. But other big institutions like big pension funds, keep that info incognito. And no, they don't "trade" to any degree that would fit a stockhouse trader.
Chefboy69 wrote: hey fleamarket(newb) institutions DO NOT HOLD penny pumps...
THEY trade them...
LOL...instituational investors on a speculative oil stock....hahahaha
that is laughable
fleamarket wrote: Can you go on stock watch and find out how many institutional investors bought shares and how many shares they bought and hold if the reporting is there?
I don't have stock watch so it would be appreciated to find who is accumulating.
jermiah777 wrote: I went to stockwatch.com and added up all the shares traded since September 8th. It is 310 Million shares in 60 trading days and all the shares were mostly traded between 40c and 54 c. That amounts to a 150 million dollars exchanged hands for these shares. Incredible in only 90 trading days. You would think we are forming a new base from which we will launch upwards from here. After all...the buyers of these 310 million shares all bought confident share price is going up eventually. And drilling program has really just recently started producing cash. I think we need to be patient. Bright sky ahead