No. of Recommendations: 5
An alternative hypothesis is that the number of MI investors was partially behind the rise over the past six weeks or so which in
turn precipitated the decision by Gabelli to cut his holdings since it no longer met his value criteria.
I think this is more likely the correct scenario. If you think we dont have an affect on certain small cap stocks, then look at the LMS chart. Pay particular attention to the volume starting about the beginning of July, which is about when LMS entered the rankings. There is a definate volume spike every Friday and a smaller spike every Monday. Ive also noticed the volume takes off every Friday at about 12:30 Central time. Which is about when the rankings come out.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.