Why I think Leede Jones Gable might be a leading indicatorIt looks like Leede Jones Gable (broker 068) did the initial public offering for BUS back in 2013.
I can’t figure out what percentage of the total outstanding shares Leede Jones Gable currently owns but just in the last year they have accumulated a net total of 3,347,500 shares at an average price of $0.773.
Considering they bought 1,240,000 shares on June 26 at $0.445, that means they purchased 37% of their past year's shares 2 days ago.
They know how illiquid these shares are and yet they loaded up the truck. Do you think they might be better at doing research than the rest of us internet guessers? We only have so many resources we can check.
I wish I had a pal at Alliance Bus Group (Grande West’s exclusive US distributor) who could tell me how many US government bids for Vicinity they’ve bid on recently and the size of them. That is not insider info since the open bids can be confirmed on government databases but those databases are really hard to search so it would help if you knew someone at Alliance Bus Group such as the contracts manager who could tell you how excited he is about what he’s bidding on. If he likes you he might even provide you with open government bid numbers : ) It is not illegal to give out information that is already on the internet.
Also the accumulation of so many shares by broker 068 means the shares are moving into strong hands from weak hands which is always a good thing.