Volume and Mutual FundsWith the daily trading volume remaining so low, 11,000 today NYSE, and a share price so easily driven down each day.... every day perhaps a thousand shares bought on the open, trading up, followed by selling that forces WRN... Whatever the motives, we all can assume that our larger fellow shareholders such as Fidelity Investments have the ability to move the share price up, BIG and Fast anytime they choose simply by adding to their positions on the open-market. Whether they are priveledged to a more-clear timeline while we simply hear, "I can't say more than that right now." The fact is, they and others can move the WRN valuation/marketcap any moment they choose.
Expect movement. And say a farewell to the shorts. Just my opinion but it's quite obvious... we are meant to feel discouraged.