Sun, Mar 1, 2015, 8:53 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Sprint Corporation Message Board

  • daoldman01 daoldman01 Oct 8, 2012 2:37 PM Flag

    S in ibd

    from IBD - S % change in fund ownership, daily creeping up from 1% to 2% to 3% over last two weeks. As funds report holdings -required within 45 days after close of a quarter, the % changes. As different funds report at different times, it takes awhile for the real data to show up. interesting for s longs.

    Sentiment: Strong Buy

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Unfortunately, this is trailing data. S ended the quarter at $5.68 and has since fallen 5 out of the last seven trading days. 4 of those down days were on increased volume from the previous day. Accumulation/Distribution has dropped to B- in just a few trading days. The daily action in the stock will give you a much more timely view of what's happening and what the current trend is. Clearly, institutions have been selling but that trend may have slowed and a new base may be forming. The breakout failed. It almost looks like hedge funds produced the faux breakout. It wasn't a very strong breakout - just enough to appear convincing. Then they sold into the momentum. Te subsequent headlines took care of the rest of the drop.

5.12+0.35(+7.34%)Feb 27 4:04 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.