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RF Micro Devices, Inc. Message Board

  • winstonwendyyellow winstonwendyyellow Jan 24, 2008 2:04 PM Flag

    Have you ever noticed...?

     

    Have you ever noticed that when 10M to 20M shares trade hands ~ the share price hardly moves? In this last year, this phenomenon has happened many times with RFMD. Something balances all trades ~ and I think it could be Mazama's computer that does it...for what reason I don't know...!

    RFMD a Buy for longterm...!

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    • I think that is institutional transfers. Not sure how off-market transfers show up, but that would explain it.

      These are prearranged transfers, a way for institutions to shoft their portfolios without operating on the open market. It's become quite common, with institutions set up just to handle these transfers.

      I think the 100M that was referred to is the same thing. Below $5 there would be many institutions who would want, or not want, the stock.

      These penny stocks slowly shift into the hands of retail...

    • Winston, I'm trying to have hope and be patient, but frankly, this stock stinks. Can't move up at all. When the rest of the market moves...it just sits there. Crappy, crappy stock.

 
RFMD
16.590.00(0.00%)Dec 31 4:00 PMEST