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Kennametal Inc V.KMT


Primary Symbol: KMT

Kennametal Inc. is an industrial technology company that delivers productivity to customers through materials science, tooling and wear-resistant solutions. The Company helps customers in the aerospace & defense, earthworks, energy, general engineering and transportation end markets. The Company's core expertise includes the development and application of tungsten carbides, ceramics, super-hard materials and solutions used in metal cutting and extreme wear applications to keep customers up and running longer against conditions such as corrosion and high temperatures. The Company operates through two segments: Metal Cutting and Infrastructure. The Metal Cutting segment develops and manufactures high performance tooling and metal cutting products and services and offers an assortment of standard and custom metal cutting solutions. The Infrastructure segment produces engineered tungsten carbide and ceramic components, earth-cutting tools, and advanced metallurgical powders.


NYSE:KMT - Post by User

Bullboard Posts
Post by atikaon Feb 22, 2015 10:33am
65 Views
Post# 23452366

Finally a sell by Mr Gagne !

Finally a sell by Mr Gagne !After many many buys, Mr Gagne sold 100,000 shares last Tuesday. This move is difficult to understand because so many things are actually happening on many fronts, especially the transfer of the mining permit to Komet.
According to my sources, however, this sell may have been made to accomodate partially a large buyer who put a  200,000 bid at the same time. Does that mean that Mr Gagne knew the buyer ? I don't know because my sources could not confirmed the fact.
If something significant happens soon, I mean something very positive for Komet's future, I will give credit to the fact that Mr. Gagne knew the buyer and made him a favor.
My guess is that he knew the guy that knew the guy that knew the guy !!!
Bullboard Posts