Yesterday the stock turned over 46m shares, or 1.3% of the total cap. That represented only about $1.5m of trades. Today, it did less than half of that. That is not a high volume sell-off at all. That is probably just a couple shareholders sitting on very large gains panicking a bit. It is a tiny fraction of all the buying over the last couple of months. This means that around 95% of the high net worth’s who have been buying this stock are fine with it.
Ann: Change in substantial holding - Tolga Kumova, page-11
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