don't trust that institutional ownership crap from that website. it is a bunch of bs. if you count how many shares are actually traded that day and count how many orders that are on that piece of S#it website then you will know how much bs it is. it is just for stock manipulation and only affects people who are new to investing.
Totally agree Thompson website is almost never relevant to what is actually happening with any stock I have watched there. It is always misleading for some reason and the gullible seem to be the ones to point to it. Do your own d.d. and watch the daily activity and then compare it to what they say. I believe it is a contrary indicator that you can bet against.
Tough call.. A good guess might be that they typically don't hold 'losers', especially after they've already been run ridiculously into the stratosphere. LOL
Seriously though, without much rhyme or reason for NULO's recent move other than speculation (highly optimistic I might add) of a possible recovery for most in the sector, trading anywhere above cash is probably going to be very short lived IMO. Unless NULO can pull a metaphoric rabbit out the hat come earnings (which appears highly unlikely), a drop back into the $3's is probably inevitable.