> Retail is a big deal these days. Used to be sub 10%, now it’s in the 30-40% of daily volume range IIUC. But that isn't relevant? If they trade a lot but own

> Retail is a big deal these days. Used to be sub 10%, now it’s in the 30-40% of daily volume range IIUC. But that isn't relevant? If they trade a lot but own less than 10% of the shares they're still a small piece. The institutional investors are likely not trading much, things like 401k are all long term investments