>The 23.98% of FO shares held by institutional investors is a greater percentage than is typically held for stocks in the Oil & Gas Production industry.

Well if you subtract the 19% owned by Renova, that leaves 4.98%. Of course there's a good reason for that. They can't afford to buy Falcon after loosing all their money on General Motors :)

"There is significant interest in GM by institutional investors. The 31.44% of the shares outstanding that they control represents a greater percentage of ownership than at almost any other company in the Motor Vehicles industry."

I bet they are all wishing they had bought Falcon instead.