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National Presto Industries Inc. Message Board

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  • pmlljl pmlljl Jun 26, 2003 9:28 PM Flag

    Proxy fight ?

    no slaps: I have had a good year so far and have in fact, had three very good years in a row. I have sold some positions as the market has gone up. As a result I have a good deal of cash on hand and the only stock that really appeals to me is NPK. Would you like me to reopen my offer to buy your stock at current prices? Would any other reader here care to sell me some stock?

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    • pmlljl, I've never claimed the stock would not rise above recent levels. However, it won't rise as a result of the profit potential of selling low-tech kitchen gadgets, diapers or miltary fuses.

      The stock price will make its one good move when the company finally decides to raise the "For Sale" sign. Meanwhile there's little risk for those who hold on until reality sets in!

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