So who loses if the share price retreats? I am just wondering why the price increase with low volume and small float. I haven't a clue really but could it be insiders buying up what they can in anticipation of taking this private?
Jack, Points taken. However, if insiders know that EVK may be courted at a premium, the more shares they own, the more THEY will profit. They have the numbers to do whatever they please...including clearing the table. And yes, the volume is high but only relative to EVK trading history, NOT to the total number of shares or even the float. There cannot be very many retail shareholders and those there are, probably have been for a while. So are they suddenly trading with each other or selling to new owners? I too have held Ks of shares of EVK for years, waiting for this move. My question is, WHY now?