Latest update on FinTel source around 92% of SanDisk held be Institutions. What does it mean ?

The stock is moved by big money, primarily institutions. Anyone who wanted to sell would have sold last month, and I'm sure many did. Those that held were waiting for earnings and Inv.Day. Now that earnings and ID have passed, there don't seem to be any big sellers. It appears that most big money wants to hold for another year or 2 or 3 or 4. In fact, there are some that actually want to add to their long term holdings, or start new positions. But wait .. institutions already own 92% of the float (source: Fintel). And Sandisk is buying back roughly 5-6% of the float (based on 15 billion at a price of 1650/share. So where will stock come from for new buyers? Simple economics: supply and demand. Price will increase until some big money is willing to sell. In other words, this stock is going a LOT higher. Retail pumps and shorts are totally irrelevant here. Only big money matters in this arena.