Ann: Becoming a substantial holder, page-15

State Street operates (among other things) as a custodial bank. It holds the stocks on behalf of its mainly institutional investors, including ETFs as well as its main asset management business, which is mostly index-related. As a custody bank, it also administers stock lending programs on behalf of its clients in order to increase return on the stocks that are not otherwise being used, splitting the additional income between its clients and itself. In the case of ETF and unlisted index managed funds, this increases their return and/or reduces the management fee that would be otherwise charged. If you open the 603, you'll see that the vast majority of transactions are securities lending. This is what they do - they are not vipers that are manipulating your share price. You can argue the toss over whether the people that they are lending the stock to are manipulating the share price, and you're probably going to be wrong about that as well, but at least you have a small chance of being right about it.

There are not many people that have made 5000% in 3 years in LTR. Over the past 3 years the stock has risen ~2157%, which is a huge and awesome return and well played. Most of the volume stepped up after it got to 50 cents, which is still 3x if you happened to get in there.