Yeah but it doesn’t mean much when they are buying 3500 other companies too. Institutional ownership as a whole in Lightwave is around 24 percent but there are a lot of stocks that are also pre revenue that have twice or three times the amount with institutions. I listed 5 the other day when challenged to find even one.
There are far better arguments to be made on behalf of Lighwave here. The true picture from institutional ownership reflect a lack of confidence since they dont have any ACTIVELY MANAGED funds with large ownership
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