RE: MAJOR PLE INDICATOR To my knowledge there was only ever ONE institution involved in PLE. It was a precious metals fund based in Switzerland.
P.Zihlmann Investment Management AG https://www.pzim.com/
I don't know of many institutions that will take a position in a stock that has never drilled a hole. Your argument/"indicator" means nothing as far as I'm concerned ... we all wait for an accord.
just IMO