so to recap, within the past year we have had the CEO buy, an overhaul of the largest ownership position split up into various institutional investors, and now another fund has bought a million shares.
it's true that BTIG has been on the ask for years. it was darned near a miracle when he moved off of .12. i figured he has been selling for whoever the seller was in the big transfer of ownership...meaning that he'd leave the ask once the shares were transferred. but that hasn't been the case unfortunately.
i feel like management ought to expend some resources into figuring out who this seller is, and whether some side deal can be worked out with the myriad institutions that are now shareholders. darn, it's not Christmas yet.
Solid DD combined with timeliness and conviction is a recipe for profits.