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Eastern Company EML

The Eastern Company manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. The Company has one reportable segment: Engineered Solutions. The Engineered Solutions segment provides engineered solutions to support its customers needs in the commercial transportation and logistics markets. It designs, manufactures, and markets a diverse product line of custom and standard vehicular and industrial hardware, including turnkey returnable packaging solutions, access and security hardware, mirrors, and mirror-cameras. It offers a standard product line of rotary latches, compression latches, draw latches, hinges, camlocks, key switches, padlocks, and handles, among other products. Its subsidiary, Velvac Holdings Inc. is a designer and manufacturer of proprietary vision technology for original equipment manufacturers (OEMs) and aftermarket applications, and a provider of aftermarket components to the heavy-duty truck market in North America.


NDAQ:EML - Post by User

Post by nineball2on Jul 11, 2008 9:07pm
261 Views
Post# 15285207

strange price action

strange price actionThere has been some very strange price action on this stock. I am long on it and have been for many months. Today it was back up to the .26 range until near the end, when an odd lot of 100 shares drove the price back down to .19. Who would sell at .19 and how does 100 shares drive the price down 30%. Does anyone know what is going one. I believe this will be a big winner one day, just seems like the price is being manipulated bigtime. The market maker was dundee
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