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trj911 trj911 is offline
What?
 
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Join Date: Nov 2002
Location: Carmel, IN
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Institutional invstors are not limited to buying stocks priced at $5 and up. They may purchase any stock as long as it fits their portfolio need. I'm not sure if there will be much institutional interest in SEGU because of the low volume. If a big buyer were to take a position, there would be a lack of liquidity on the sell side without the price falling drastically. That could hold true for your position also. Most stocks like this one are driven up by a firm who is paid to tout the stock to other brokers who hopefully will tout the stock to their clients. How did you hear about it?
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Old 02-23-2004, 01:28 PM
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