Some are never satisfied.Just how much insider buying do you want?
Major Holders Get Major Holders for:
Breakdown % of Shares Held by All Insider and 5% Owners: 84% % of Shares Held by Institutional & Mutual Fund Owners: 16% % of Float Held by Institutional & Mutual Fund Owners: 95% Number of Institutions Holding Shares: 15
Major Direct Holders (Forms 3 & 4) Holder Shares Reported HE MING 173,708 Mar 18, 2011
Top Institutional Holders Holder Shares % Out Value* Reported MARXE, AUSTIN W. & GREENHOUSE, DAVID M. 1,847,327 6.53 2,438,471 Jun 30, 2011 FIL LTD 1,447,094 5.11 1,910,164 Jun 30, 2011 RUANE, CUNNIFF & GOLDFARB INC. 1,204,331 4.25 1,589,716 Jun 30, 2011 Clear Harbor Asset Management, LLC 223,917 0.79 295,570 Jun 30, 2011 KEANE CAPITAL MANAGEMENT, INC. 200,000 0.71 264,000 Jun 30, 2011 RENAISSANCE TECHNOLOGIES, LLC 169,480 0.60 223,713 Jun 30, 2011 GRUBER & MCBAINE CAPITAL MANAGEMENT LLC 100,000 0.35 132,000 Jun 30, 2011 WILLIAMS, JONES & ASSOCIATES, INC. 88,980 0.31 117,453 Jun 30, 2011 DEUTSCHE BANK AKTIENGESELLSCHAFT 82,930 0.29 109,467 Jun 30, 2011 ROTHSCHILD INVESTMENT CORPORATION 78,600 0.28 103,752 Jun 30, 2011
Top Mutual Fund Holders Holder Shares % Out Value* Reported CONSULTING GROUP CAPITAL MARKETS-SMALL CAP GROWTH INV 148,800 0.53 419,616 May 31, 2011 Powershares Exhg Traded Fd-Powershares Golden Dragon Halter 42,841 0.15 100,247 Jul 31, 2011 FIDELITY NASDAQ COMPOSITE INDEX FUND 2,051 0.01 2,707 Jun 30, 2011
View Transactions for Insiders & Institutional Holders
Value shown is computed using the security's price on the report date given.
I would not be happy with the low prices. If I ran and own VALV, the company, why the “F” should I care if the people believe “the number”. I am not in a rush to buy back more shares; especially when it’s in a RTO downtrend.
I am not interested in raising more capital. I don’t need to sell more shares, nor do I need to be accused of further dilution of the shares. I need to stay focused on the business at hand, not the stock PPS gyrations that go up and down.
If I grow my business well, VALV’s PPS will follow suit.
How may mgmt use cash, you ask?
1. the numbers are not true, 2. the management does not care, 3. mgmt wants low PPS to go private, 4. mgmt has better use for cash, 4a. build better infrastructure, 4b. party w/ the cash, 4c. conserve cash for down economy, 4d. spend on advertising, 4e. hoard cash in bank, 4f. spiff/bonus to reward employees, 4g. hire more employees, 4h. expand business, 4i. team building, 4j. hire consultants, 4k. hire new executive staff, 4l. spend on R&D, 4m. hire lawyers to fight patents, 4n. audits to reduce cost & waste, 4o. spend $$ on public relations, 4p. up-sale to existing customers, 4q. invest in marketing, 4r. replenish supplies, 4s. improve the product quality, 4t. make stuff quicker, 4u. follow-up on customer service, 4v. re-inventiing itself, 4w. saving for the next big thing, 4x. pay their outstanding bills, 4y. train employees better, 4z. building strategic partnerships!
Of course, all you can think of is improving your PPS, so that you can flip your shares because you've held it for two months and you want to move on right?