... Wait a second i'm confused. This stock used to be held heavily by retail investors ...
And then ...
The chartists were telling all of us to sell?!?
The computers and algo's were mindlessly driving down the price?!?
The market is supposed to know something bad was happening?!?
Message board whiners were depressed and/or predicting the end of times?!?
... And now you're telling me all the while the institutions were backing up the truck and buying all those retail shares, while the price was declining from an all time high, resulting in another all time high in institutional ownership ... hmmmmm ... So that's how it works.