Post by
greendaze on Jul 03, 2021 12:56pm
Institutional ownership
Has moved up again . From 8.44% to 8.46% . That doesn't look like much but it's a heck of a lot more shares taken . This adds to stability, as institutions don't tend to panic easily ,like most retail investors.
Comment by
bligicka on Jul 03, 2021 1:18pm
I expect thst number to double soon ....wait till Cathy Wood starts buying !!!
Comment by
greendaze on Jul 03, 2021 1:33pm
That's "Cathie Wood " for those not familiar with her . If she were to double institutional ownership, it would likely double the share price . Imho
Comment by
bligicka on Jul 03, 2021 1:59pm
It certainly Wood ....lol !!! She loves to pump up her choices .....
Comment by
Bac0n on Jul 03, 2021 4:41pm
lol... I can't even tell if this is parody or not anymore. *sips scotch* -Bac0n
Comment by
greendaze on Jul 03, 2021 11:07pm
To understand the importance of institutional ownership. One only has to look at an extreme example . Visa has over 97% institutional ownership. Imho this ratio at hive of institutional ownership will only GROW ( no pun intended) . Visa has been very good to me . I'd love to see hive over take my visa play .
Comment by
DotComRich on Jul 04, 2021 1:12am
Look at any blockchain/crypto ETF, whether its BLOK or Vaneck, or whoever, they all have one thing in common... Hive is their #1 Canadian miner, and in some cases their #1 globally. You think these ETF managers that are paid millions to research this field 24/7 are all wrong? Wake up!
Comment by
greendaze on Jul 04, 2021 10:44am
Every game has a heckler that knows more about the game than do the refs , couches and players combined . Unfortunately someone has sit within ear shot of them .