Originally Posted by GreenFrog
Lol @ yahoo comments. Some of the comments I see people post across all types of investment-oriented sites seriously make me wonder what the average investor looks like in terms of demographics, and how educated they are. Spooky shit.
Yahoo shows you "% of float held by institutional and mutual fund holders" which could be a decent proxy for stocks to stay away from. There is simply so much information out there that retail investors don't have the time or ability to digest, that the mere fact that they hold a disproportion amount of shares in a stock scares me. Retail investors look at things from the consumer side (do I like using twitter) not from the long-term income side (do advertisers like twitter).
Based on the tesla forums I would have expected TSLA to be one of those stocks that's being propped up by their clientele (heck, before I realized what the mkt cap was I considered buying shares instead of putting down a deposit), but actually the % of float held by institutions/mutual funds is 106% - I guess because so many people are shorting it?