Fidelity increased stake to 14+% means they must see this stock LOT HIGHER
Who is selling or shorting while Fidelity is loading up? Build a 14+% stake means they must see this stock LOT HIGHER down the road. I think once we are out of the dark clouds this will look lot better. Institutional investors never build large positions in a company that they don't see having a great future.
I agree. If you've seen my earlier post, Fidelity knows about the issues and probably still have a pretty high share price average. Moreover, based on my review of SC 13Gs, they own more shares now then they ever have at one time.