Unless there is a market meltdown, with out current institutional support we seem to be trading in a pretty stable range.
As mentioned, it would be very difficult for any new institution to build a sizeable position without hugely chasing up the share price as there is so little free trading stock available right now.
I think we all concur that strong institutional support brings solid price stability and is a huge positive, however it also limits the ability of any large holder with quickly exiting their position without pushing the share price a lot lower. Institutional support while a huge positive is also a bit of a 2 edged sword and can cut both ways...its great when everyone is getting in, but if there is bad news for any reason, the price drop could be devastating as everyone runs for the exits.....WHICH I DO NOT SEE HAPPENING!!!!
Of course some solid good news coming with increased stock price targets would send us a lot higher, especially if there are new players wanting to get in.
This is why our upcoming CC is so important...we get really solid news and we are going higher....but since we are fully valued(IMO) at this point based on what news is out there, any hiccup would also really hurt us on the downside!
But my real reason for posting this, is that with a company of our size and with the huge institutional support we do have, this is often a precursor or predictor of being acquired by another entity!
The set up is perfect....bring in a new team, shore up the finances, start on expansion and rack up a huge order book.....who would not want to own this fledgling beauty....the tea leaves point to a takeover...whether this will happen in the short term is the question.
