Post by
Zach45895 on Aug 24, 2021 9:26am
Shorts have been covering
While institutions have been loading up.. that's about all I need to see to know that the "smart money" is aligned with us. Just give it time. Cheers!
Comment by
pacer217 on Aug 24, 2021 9:43am
YEP! I noticed this as well. these two days, the BID is currently above the last trade. previously the ASK would be below the last trade price. Hope this holds. We know the SHORTS are not the smartest players in the room. "More money than brains" is my best description of them.
Comment by
pacer217 on Aug 24, 2021 9:51am
further note to "ZACH" Wher do you find the change to Institutional players. The latest on MORNINGSTAR shows 27.5 % of them. Is this a new high?
Comment by
Torontojay on Aug 24, 2021 2:19pm
These fund managers are required to post 13f filings 45 days after the end of each quarter. In many cases these institutional investors file as late as possible and by the time retail investors find out the stock price might be much higher. https://www.investopedia.com/terms/f/form-13f.asp
Comment by
Zach45895 on Aug 24, 2021 3:28pm
Yeah, not real time data but still a clear uptick in institutional interest and Q2 wasn't that long ago! I would expect to see that interest at least continue, if not growing. Plus shorts are covering. I love to see it.
Comment by
growthnprosper on Aug 25, 2021 8:17am
Stop selling to shorts at such low prices..........hold on and make them pay a much higher price!
Comment by
Zach45895 on Aug 24, 2021 12:00pm
Most recently Morgan Stanley on the 23rd filed a purchase of 316K shares. Note; this is the file date and not the purchase date. Roughly $3m. It's nice reading through seeing how many everyone is buying.