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From: | "Moose" <aorang@voyager.co.nz> |
Date: | Wed, 30 Aug 2000 20:09:07 +1200 |
How enthusiastic were the institutions for this issue? Was the hype driven by us Joe Public's and the enthusiasm not shared by the big boys? I believe individual stock price trends are underpinned by the interest of (or lack of) institutions. Us small investors have not the volume of throughput to sustain a price movement or trend for a length of time. Does this make any sense?? I also wonder if buyers have decided to tread warily along the Watson & friends path in the wake of the Aquaria disaster. If Baycorps success is a guide and RMG can eventually achieve similar results there is plenty of time to get on board once some runs are on the board. Regards, Moose ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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