Just because Tempus technically has 3 institutional investors does not prove anything on its own. Let's not forget that none of them have anything to lose, which is why it is impossible to rule out the possibility that they invested with the plan of swindling investors.
2 of them are pretty meaningless. AQR has only 700k shares. There are heavier investors within the TMPS float itself. Cowen is a known dumper and has proven that as soon as the shares free up, they will be sold.
Therefore, the only "institutional investor" that matters is the one who owns 79 million shares, all of which were obtained through dubious methods. This is an "institutional investor" that has never raised the stock price of a single company in his entire history. The only company that he "helped recover" never had a stock price and was bailed out by mass firings and reduction in manufacturing.
So to say that TMPS share price will skyrocket just because they "have institutional investors" is not accurate.
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.
