ARM's Istitutional Interest has been
posted on
Sep 29, 2006 04:36PM
jumping ship last Q .
nstitutional Selling Test
Compares last quarter's institutional investor shares purchased and sold. Test fails if institutions sold more shares than they bought.
Results for ARMHY.O: FAIL
Number of Shares
Shares Purchased Prev Qtr 4.3 mil
Shares Sold Prev Qtr 9.8 mil
Net Purchased (5.5) mil
Institutional investors have sold more shares of this company than they have purchased. This may indicate Institutional buyers are losing confidence in this stock
What will next Q bring ? hopefully A cry from large stock holders to settle quickly. ;)