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Posted On: 06/29/2020 11:08:16 AM
Post# of 149428
“They're not. Institutional investors have been making up approximately 20% of the volume over the past week. Check out Thoughtful Investing's posts on the Yahoo message board.“
We discussed Thoughtful Investing’s posts last week, specifically his/her claims to be able to actively track institutional buying. As far as the board could determine, based on decades of investing experience, there’s no method to live track institutional purchases. One of Thoightful’s post claimed he/she was tracking large block purchases and reporting those as institutional purchases, which is not an exact science. In the past, myself and others here have purchased 50k+ blocks of shares and we’re private investors.
Long story short, I would put zero worthy into Thoughtful Investors claims and instead wait for institutional ownership reports to tell us who or who hasn’t bought into CYDY.
We discussed Thoughtful Investing’s posts last week, specifically his/her claims to be able to actively track institutional buying. As far as the board could determine, based on decades of investing experience, there’s no method to live track institutional purchases. One of Thoightful’s post claimed he/she was tracking large block purchases and reporting those as institutional purchases, which is not an exact science. In the past, myself and others here have purchased 50k+ blocks of shares and we’re private investors.
Long story short, I would put zero worthy into Thoughtful Investors claims and instead wait for institutional ownership reports to tell us who or who hasn’t bought into CYDY.
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