It would have been Regal I'd say. They usually try to get to around 10% in my experience.
My experiences with them being holders of stocks I own have been mixed. As someone earlier said it depends on which of their funds are buying. I've had occasions where I'm confident they were loaning out shares for shorts and I've had experiences where they've pumped the price only to sell out their large holdings over a period of time. But on the rare occasion they do like to be early investors in a stock and hold for a long time and make sizeable profits. It's just very painful when they sell out.
My opinion would be they see a takeover as very likely for WGO and can smell a quick buck. Which is probably why a few of us are here.
WGO Price at posting:
22.0¢ Sentiment: Hold Disclosure: Held
