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Intuit, Inc. (INTU) Message Board

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  • mauricethepantsman mauricethepantsman Mar 29, 2000 10:46 AM Flag

    Big blocks INST selling. Look out

    is causing this selloff. It's the end of a
    quarter and the brokers want their portfolios to look
    good to their clients, so the selling goes on.


    Conversely you'll be able to watch the buying going on in
    April.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • You attribute the sell-off to window dressing by
      money managers. Gasp! So, what are you saying? Is it
      that Intuit looks like shit to investors when they see
      it on a fund's asset list?

      It is always nice
      to be the Answer Man. Your explanation of the
      sell-off, however, is unconvincing. A Joe Kernan you ain't.

      • 1 Reply to BoredNever
      • "It is always nice to be the Answer Man. Your
        explanation of the sell-off, however, is unconvincing. A Joe
        Kernan you ain't."

        A Joe Kernan is something
        that I don't want to be.

        Perhaps you might
        have the right answer, seeing as how you claim I
        don't.

        Intuit is by no means a piece of shit, but it has been
        losing this quarter since it's disappointing
        announcement. The money managers will buy back in in April, as
        I said previously.

        Please, enlighten us with
        your comment/answer on why the sell off.

    • Just looks like INST window dressing is getting worse. I wonder what the end of the day will bring.

    • We got past Big Al last week and Tuesday morning
      (before Dear Abby) NAZ futures were up 55.00 and the TV
      experts were predicting a healthy 2-3 weeks in early
      April (earnings reporting season) due to the lack of
      earnings warnings.

      Then two people, Abby and Moby,
      spoke up on Tuesday and Wednesday ..... most likely
      AFTER they had advised their clients as to where their
      money should be shifted.

      It may backfire on them
      as it did a few months ago when TECH money
      temporarily went into OLD ECONOMY stocks for a few days and
      then TECH roared back.

      JMHO

 
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