it is grinding lower cuz when you own millions and millions of shares it takes time to unload. Irrational to think you just dump 5 or 10 million shares all at once. Talk all u want this woman seems nice but is clueless piling on debts, lack of marketing on the drink side and facing headwinds going forward via increased inflation packaging costs.
Irrational????? Who said the dumping is all done at once????? Leave the red herrings out of it. Don't you have any decent arguments or evidence for your claim? Let's be rational U2monee. You say institutions are dumping. The float is 1.5 billion or so. Institutions own 68% or so. Let's round that off to 1 billion or so. The average daily volume is 6.5 million. The recent volume after the bad numbers is 10 million or so. What in the name of Sam Hill is evidence that institutions are dumping?????? PEP may keep going down after OPEX. It may be stagnant. It may go up. Longs won't let your "institutions are dumping" charge fly unless you can produce some wings, though.
Those who say institutions are liquidating are clueless. They don't know what they are talking about. Normal volume is over 6 million. Volume for the past few days has been up a few million from the naked shorting by big money and the big computers on Wall Street trading it. Once they have settled their accounts, volume should go back to normal. 68% of PEP is held by institutions. With way over a billion shares out there, if institutions were dumping, it would be an apocalyptic scenario. So once again, this tight range here is not evidence that institutions are dumping.