Wow... thank you so much. For once, a post that is worthy of a new thread!
I'm astonished that this post hasn't produced more commentary from others because it completely contradicts the narrative being put forward by several posters.
Now that we have some data to look at, we can conclude:
The recent share price movement is not institutional investors "accumulating" at the expense of retail investors. The exact opposite is true.
Short term sentiment from the professional investor community is negative.
The investment banks were as deeply burnt by the great pump/dump of mid-2024 as the retail investors. They piled on during the upswing, and stampeded off the cliff along with everybody else.
The whole retail=weak / institutional=strong narrative is clearly just complete bunkum.
DRO Price at posting:
66.5¢ Sentiment: None Disclosure: Not Held
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