No Comment — November 21, 2013 — Unitek is swimming in volumePosted: November 21, 2013
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We continue our No Comment series from August and September (see the previous No Comment entry here) …
Yesterday, on November 20th, 2013, 830 thousand shares of UNTK, the equity of Unitek Global Services, were traded in a few moments, lifting the per share price more than five percent. Today, up until 2:30 p.m., EST, more than 310 thousand shares have been traded, lifting the per share price an additional five percent.
In aggregate more than 1.1 million shares have been traded and the price has trended up. Trailing three months average daily trading volume is a bit above 50 thousand shares. Something is clearly afoot.
No comment needed, no comment provided. To learn more about Unitek Global Service, read our previous posting here.
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