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Re: whatsupdoc post# 8221

Tuesday, 02/04/2014 11:31:00 AM

Tuesday, February 04, 2014 11:31:00 AM

Post# of 15276
It was an astute observation, wupdoc.

My guess it was some mutual fund, or another financial institution accumulating the stock. It may take some time to see their report. Some mutual funds may report quarterly or semi annually.

The fact that the purchases have been done at the end of the day is also points to that. Usually mutual funds are accumulating in the morning or at the end of the day.
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