WAM Buying (5/6/26)
Wilson Asset Management has increased it’s position in SGI from 12.4% to 13.6% over the last two and half months per a notice of change of interest lodge today.
WAM obviously remains bullish and is taking full advantage of the price pull back to load up while we are in an information lull that has typically seen SGI’s price drop, but this pull back is more exaggerated.
Not surprisingly, price action today looks quite positive.
Disc: I own RL+SM