Institutional buying
by: byronangel (M/Washington State)
Long-Term Sentiment: Strong Buy 11/10/05 01:34 pm
Msg: 88700 of 88710
Q3 filings from institutional investors are due 11/15. Early filings continue to trickle in. One of SIGM`s institutional investors, Wall St. Associates, which owned over half a million shares heading into the quarter, picked up about another 50,000 shares during Q3.
http://www.nasdaq.com/asp/Holdings.asp?FormType=institutiona… ed=SIGM
When somebody already owns over 500,000 shares, and then they buy another 50,000, that, to me, is a very bullish sign.
Byron