Sunday, April 17, 2011

Momentum Ideas: Friday's High Volume Gainers Chased by Big Money Managers

Kapitall submits:

If you're interested in momentum ideas, the following list might offer an interesting starting point.

All of the stocks have seen high volume gains during Friday's session. In addition, all of these stocks have seen significant net institutional inflows during the current quarter.

click for expanded

For each stock we'll list the relative volume indicator, which expresses today's volume as a multiple of the three month average. We'll also list the net shares purchased by institutional investors during the current quarter, and express them as a percentage of each company's float.

List sorted by the ratio of net institutional shares purchased as a percentage of shares float.

1. Gold Resource Corp (GORO): Gold Industry. Friday's relative volume at 2.2, with the stock gaining 4.72% during the session. Net institutional shares purchased during the current quarter at 14.7M, which represents about 46.71% of the company's float of 31.47M shares.

2. Sky-mobi


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