15% held by mgmt, 14% by Fidelity, 10% between Discovery & Columbia Wanger - rest by 70 institutions and retail investors as of now from what I see. Nearly 50% float is short sold which will need to be covered sooner or later??
More funds buying as seen from yesterday's SEC filing of 8.1% ownership by PWAM and Mr. Park & 6.7% by PWIMF.
Park West Asset Management, LLC & Park West Investors Master Fund, Ltd are the new institutional investors that bought in recent weeks.
Fidelity is a strong buyer. and I'm sure they are monitoring the situation. When you have reckless shorting and naked shorting, it free falls until the covering begins. That is why I am bidding today.
at some point, someone will look at the business as an opportunity to expand
xerox or apple or google or yahoo or facebook
deep pocketed people who want the infrastructure already in place
there is a reason why Fidelity and Discovery and Columbia and the rest of the group continue to buy more shares.
The talk about a new york investment firm buying Velti is possible. Maybe even a stake in the company. I would think Google would buy into the company.
Holders believe in management, company's products, technology, partners, customers and most importantly future prospects in the hot mobile advertising market to sum it up.