QTK have 355m shares registered......this includes the Thorney issue of 13m shares as well.
as of January 30 the Top 20 owned 279m shares or 78.68% of the stock
the Top 100 owned 318m shares or 89.84% of the stock.
which means there is 35m (approx) held by the rest.
and the rest means holdings under 200000 shares.
200000 shares is the amount held by the last in the Top 100.
yesterday's volume was NOT anyone selling in the Top 20 or anyone in the Top 100
the Top 100 holders have essentially remained flat since October.
the buyer yesterday was aggresive and soaking up the stragglers.........
and anyone who sold into the buyer will be regretting their decision to do so.
IMHO.
The facts show what is happening.
QTK
quiktrak networks limited
