RE:Small Percentage of NFG Stock Availableabsolutely true ! It's extremely rare to see such a large portion of the overall shares owned by the "smart" money, especially given that the share price is now many times higher than that of the IPO.
Clearly, the "smart" money sees no reason to "take the money and run", as demonstrated by their continuing 81% share of the overall outstanding shares.
So, it's a strange scenario, where the "big money" folks are patiently holding, and like what they're seeing, while most of the "rest of us common folks" appear to be uncertain and timid about participating.