An institutional investor will think similar to you. However, it is too risky if someone put all money in a single security. Thus, if you are a shareholder of CLQ, the choice of you depends on your risk preference. If you are a new investor interested in CLQ, the current price should be reasonable. Further, another consideration to an institutional investor is the trading volume of a security. If Fidelity wants to buy 40m in an open market rather than a placement, the purchasing procedure will push the stock price much higher than 1.15.
CLQ Price at posting:
99.8¢ Sentiment: None Disclosure: Held
