Aug. 16 at 2:09 AM
$FTEK There was an organized pump campaign that included several outlets and multiple social media platforms, not just our resident pumper. As you can see from Q2 13-Fs, the promotional narrative was not supported by institutions. While retail bought in Q2, institutions reduced positions by 8.82% and hedge funds by over 18% ( whalewisdom computations).
I believe that recent "consolidation" is a top, as retail continued buying is being met by greater institutional selling. We will know for sure when Q3 posts.
