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Jack in the Box Inc. Message Board

  • katana100 katana100 Jul 17, 1998 12:29 AM Flag

    Look at trades

    If one looks at the daily trading in the last few
    days, one sees major rotation within the stock. Some
    institutions are selling and some are buying large blocks.
    Also, those individuals who are buying small lots
    actually stand to have some upside on the stock, however,
    those who are selling small lots are either taking
    profits, if they baught the stock at a small price level,
    or they are trying to short it - but with small lots
    its pretty stupid since the stock is several points
    from its high.

    Makes no sence to me to short
    it. Look at StockSmart Pro site - Institutional
    investors have increased their net position in the
    stock.

    Well good luck.

 
JACK
59.45+0.21(+0.35%)Aug 29 4:00 PMEDT

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