Momentum funds are sometimes disparaged as simple "trend jockeys" by other money managers, and frequently misunderstood outside the industry.
A programme called
Momentum funds the provision of free education and training projects for those who are unemployed for 12 months or more.
Pretty quickly we came up with three different
momentum funds and a diversified arbitrage fund.
3950, with
momentum funds and real money names looking to sell rallies.
Earnings
momentum funds are for investors who have an appetite for risk.
And it's not just the so-called
momentum funds that are piling on with the herd that run up stock prices to unreasonable levels.
In June, the company completed a 1-for-3 reverse split that moved the company back up to a full Nasdaq listing, which they suspect provided
momentum funds with a greenlight to buy the stock.
Additional investors include PA Early Stage Partners, The Cairnwood Group,
Momentum Funds I & II, Arden Capital and Eastern Technology Fund and private investors.