New 15 year high.Something is going on Do we get another one today?If not today, it will be soon.
Something is going on with this company.After this sharp move and in a bad tape, the few investors that hold this stock aren't selling.My estimate is that there a less than 600 shareholders.
I hold 7000 shares.So if i am an average shareholder (3,297,047/ 7000) = 471 shareholders
One might say, there is no volume to support what you are advancing.
I would reply, look at the recent volume VS it's usual volume.
There are days that it does trades or in the hundred.But lately it's been picking up.
I was looking at the float.If we substact the Goodfellow, Jarislowsky and Fidelity
position, there are only 3,297,047 shares available.
Market cap is only128.5 million.So when the Goodfellow decide to sell, it will be easy to find a
buyer.At $23, it would be less than 200 million.