In absolute terms it's only an increase of around 3%. Given that we made R2K that really isn't all that great up to this point. Are you trying to get folks to buy, keep up the morale of the longs, or just throwing out big numbers to hype?
No idiot, 5.7% minus 1.7% is 4%. Thats 33% more then your bogus figure in absolute terms. The fact remains that institutional ownership is up 298.25% in the last 9 months. And that is only those funds exceeding 100 million dollars. There could be another 2 or 3% owned by institutions that we don't know about because they don't have to report.