It seems to me that it was very unlikely that institutions were bidding this stock up over the last month or so as they would be unlikely to have let it drift as low as it has.
My sense that it was probably a combination of investors and traders , with the traders choosing to sell to take some profits. This combined with one of the big holders getting out (for unknown reasons) has contributed to the decline in the share price.
However I am still confident that institutional investors will eventually get on board, when it becomes a safer bet.
This could take at least another quarter, but I am happy to wait.
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It seems to me that it was very unlikely that institutions were...
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