Tuesday, August 28, 2007

Sell CMG

Here is some sense behind. Not long ago, I posted comments on CMG, the reason behind it was that if you look up at Yahoo you can find:

% Held by Institutions4: 125.90%

Okay, if a stock got it's stock owned 100% by the big guys, they started hype it, what is the consequence?

In this case, mutual fund managers own up to 125% of the company's stock, so regardless what Cramer say, I wouldn't buy it. When condition is right, I will short it.

This is some of the examples how do I follow smart money.

Thanks,

Swimmer

1 comment:

Unknown said...

so explain a little if you can find some time
[1]Corporate/Market maker-SELLING INTO STRENGTH?
[2]Corporate/MM -BUYING INTO WEAKENESS?

WSJ has a public list of traded stocks listed by rank/money flow which give the numbers for the day-what a stock/institution did for the day-also what it means for tomorrow