RE: RE: RE: RE: RE: Tear Down the $0.75 Wall
mrbigone - I'm afraid you are wrong about Funds being unable to buy Wpx.
KRN is a junior potash company with a small market cap just like wpx and they have about 55% institutional ownership(some of the smaller holdings are not listed below).
So clearly funds can purchase wpx. I believe Wpx has 2.5% of their float owned by funds.
GSFC (India) 19.9%
R. Phinney (CEO) 15%
Manulife Asset Management 15%
John Hancock Advisers 9%
GCIC Canada(Dundee Wealth management) 3%
Other Insiders (incl. Directors) 6%