Did you notice the volume at the time of your posting? As I recall, it was close to 50,000 shares. Over 47,000 shares traded the first hour. For the day, we're over 2Xs normal trading with a number of trades over 4,000 shares:
What I wonder is whether the majority of shares traded today were matched sales of institutions/funds buying Gleason (H & W) offered shares with the remainder being little guys seeing the price rise and deciding to jump.
If the majority of shares sold today do turn out to be Gleason family shares, I do not mind one bit. Actually, I have been thinking lately that it's rather discomforting knowing what a large percentage of outstanding shares the Gleasons hold. God forbid anything happens to them, but what measures have been taken (regarding their shares) if the unspeakable happens? As a shareholder, I really would like to know.