Don't worry about this company longterm we will all be rewarded. As to why It's not receiving a lot of coverage. It's so new most people don't even know it exists, or they don't feel that BIG money can be made here. But the last time I looked the stock was in strong hands.
Reviewing the SEC documents I came across the following not too long ago. Who are the madjor players in this Company; 54 Million shares?
Knight, 15.56%--6.6 million shares. Intuit, 19.60%--10.6 " " Gintel 5.50%--02.2 " " Investment Co. Wipple 5.42%--02.2 " " Security APL Agreement Nation Wide Ins 6.80%--03.7 " " Ins. Company
And I just noticed the other day we had some high volume, and went into the SEC to see if anyone else jumped in, and there was a filing by the Tribune Co. of of IL. I'm guessing that they picked up just under 5%, somewheres between 1 and 2 million shares.
So that locks out about 27 to 28 million, or about 1/2 this company from active trading, making it very thin. So when it does start getting noticed, there won't be enough shares to go around. The price will soar, and you will see some splits. At least this is what I personally expect.
As far as being the leader in their field, the market tends to favor the leader in it's valuations. ie.. Yahoo! vs. Excite
This is gonna be fun! |