RE:Deceitgoldwatch69 wrote: CEO sells 86,000 shares at 8 bucks 10 days before releasing the bad news. What is that? Very bad! Complete loss of trust and confidence. Slide will continue to 3.50 level, possibly lower. I'm out. Might get back in next year. No institution will touch this for a long time.
It doesn't look good. One of CTS's insiders did the same thing last year. The stock took a hit, but recovered in a month or two. The problems with NPK are temporary IMO. In the meantime, expect some selling pressure given the dismal market/economy, optics, and road issues.