Feb. 2 at 3:26 PM
$FEMY INTERESTING DATA JUST DISCOVERED from the very end of Q4 13-F filings show major institutional accumulation (right after we plunged at the end of December)
VANGUARD added +464K shares
UBS added +73K shares
Yet we've dropped from
$0.67 to
$0.52 over the last 9 days on no news.
WHAT'S HAPPENING IMO: Classic institutional accumulation during retail capitulation. Smart money buying while weak hands sell due to tax-loss selling, NASDAQ fears, ATM overhang concerns...etc.
VANGUARD doesn't chase momentum - they buy conviction plays. 537K combined institutional adds is MATERIAL for 48M float.
This creates a hidden support level. Once retail selling exhausts, institutional ownership creates upward bias. Low float + institutional accumulation = potential sharp moves up.
BOTTOM LINE: Smart money is accumulating while scared money sells. Price doesn't reflect fundamentals when institutions are adding at these levels.