Something doesnt add up with platinum montaur selling
they owned over 7 million shares in june. how did they dump 7 million shares before the end of june (the end of the reporting period) without tanking the stock? volume in june doesnt show anything close to a 7 million share dump. it doesnt add up. I dont know the answer.
Good point who_dat but if that is true, we should see the institutional ownership stay flat or slightly up or down, don't you think? Hence, with one (1) day left to report (today by end of day), we should see this go up from the current 21% to around 35%. Agree?
I have been thinking the same thing. There were no huge 5 or 7 million share blocks sold in that period and volume wouldn't support that kind of selling or NAVB would have ended up at $2 or lower. It doesn't pass the smell test. Do you think it is a Nasdaq reporting error? Montaur has never had a zero share ownership.