Until Miller finishes his selling...it seems we're stuck at this level. I don't blame him for selling...because his funds were so over-weighted in this company. It's smart to take some profits as a stock rises and your profit soar. That being said...if management stays on track...Iteris will be a runner in 2015 if their market cap rises enough to be added to the Russell 2000. It's happening to another stock I own now...HILL. I think ITI turn comes this fall and next year.
I noticed and was going to post similar. Seems his sell price is $2.25. Only selling about 18k shares at a time, but while we are back to normal trading volumes it obviously keeps a lid on things.
1. Lloyd has been doing pretty badly overall in his investments lately. He is taking a bath in COSI. Instead of following the rule of "cut your losers short, and let your winners ride" he's doing the exact opposite - selling ITI and buying more COSI.
2. We saw the big blocks trade and shares hitting new highs at the time of the last conference presentation.
I'm very confident that with the Roth Conference, loosening of federal budget strings, and the weather finally getting nicer the remainder of this month, we are going to see an acceleration in business and new contracts soon. Shares are going to get a nice upward trajectory this month through September/October.