Air PocketDown about 8% on the hint that more acquisitions coming? Can you imagine what the price would be if the strategic review recommended the company stay the course? My guess would be $4.50.
IMHO this price action demonstrates that CTS doesn't have a loyal shareholder base that wants to see the company's management do their thing. Rather, most of us are here for a reasonable deal in the very short term. I don't want to see the company turn down $8 now in favour of maybe $10 three years down the road.