$ONDS (~$8.31) Not all institutional buying is created equal! Oppenheimer nearly tripled its $ONDS position to 986k shares (+638k shares QoQ). Unlike passive Index/ETF rebalancing (e.g., Vanguard), OpCo is an active manager making a high-conviction decision. Add to that their equity research team's $16 price target! Passive flows provide liquidity; active flows signal direction. Substantial active accumulation often marks the ultimate fundamental pivot! Bullish on $ONDS reaching Oppenheimer’s $16 target?
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Steve ma@pshottg3 · 1h
Where can I find this stated institutional tripling of shares by Oppenheimer I wonder if the shorts are getting sweaty 🥵
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