During the fourth quarter of 2012, Yahoo! repurchased 80 million shares for $1.5 billion. During the year ended December 31, 2012, Yahoo! repurchased 126 million shares for $2.2 billion.
So! Q1-Q3 of 2012 Yahoo! repurchased 46 million shares! Meanwhile Institutional investors have increased their position with 68 million shares (Nasd statistics)! Who sold ?
I'll be curious to Q4 of 2012 statistics.....we already know that the BlackRock bought 70 million shares and Y! bought 80 million shares.....Who sold?
My guess: Naked shorts!
Sentiment: Strong Buy
Capital Research Global Investors: - 19,7 million shares
Tiger - -11 million shares
You made a very pertinent work.
You're right about Shorts!