Jul. 31 at 2:41 PM
$WBD I think we're just back to our usual volume of <=50mio shares per day
What do you think?
Since June 15, we have had NINE consecutive trading days with an average of 50 million more shares traded.
No breaking news, except perhaps Superman's good box office performance.
So, the higher volume began just one day after Benchmark International reiterated their price target (
$18).
BofA, UBS, Barclays & Wells Fargo partially raised/affirmed their price targets just within the week before.
For me, the last two weeks was an accumulation period by some big guys. We will see
By the way, because the numbers add up sooo nicely
Current institutional holders: ~71%
Insiders: ~6%
9(days)*50mio(more shares traded per day) = 450mio ~= 18%
Shares Short: ~5%
==> Total: ~100%
