Quote Originally Posted by jmbarnette View Post
Mike, or others
In regards to KORS, would you think that the surge in LEV is evidence of strong accumulation? or is this skewed somewhat because of the recent secondary offering, and should be overlooked.
thanks

http://www.effectivevolume.com/_ss.p...ks/KORS_ev.gif
I think the surge in EV on KORS is associated with the buying activity of the secondary shares coming to market and that institutions are the main buyers in larger lots. The fact that EV increased must indicate that the price went up in most buying instances from one minute to the next. I guess this is good but I don't have any experience with what IPOs and large secondary offerings look like on an EV chart. I just take note of the pattern and assume that it is better than if the LEV pattern was dropping instead...