I reported before the slide that something peculiar was going on with KEM, must have been my third instinct; what we are witnessing might be an attempt to take this Co. private at a discounted price, I cannot think of anything else that could justify such a low price, not even a bad market, this is way over done IMO! I am a buyer at this level
robertbhs, I agree that this big drop is not just the weak overall market. This is way more than the market. Do you know how they could take the company private. What they would do with the stock holders. If one gets in here at $2.40 then what move they can make to take back the shares. I would assume they would need to make an offer above the market price.