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Message: Re: Frustrating to no end
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Jun 10, 2023 03:34AM

Thanks for this Rainer. As usual, you bring a certain cool logic to these worries. 

To bolster what you are saying, the stock moved about $0.30 on the Nasdaq yesterday afternoon in 15 minutes on volume of 44,000 shares - a whopping $215,000 in dollar terms.  That is nothing but a rounding error of a position for an institution.  Think of a $500M portfolio, and the percentage of weight that would represent - 0.04% - not meaningful. The PM needs a multiple of that - at least a half percent weight to have any impact on portfolio performance, and better still a full percent.  At the $5.00 close, that is a million shares. 

Now think about attracting a few of these portfolio managers' attention..... ;) :) 

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