There is news out of the US/Chinese Trade Delagation that China will be supplying massive quantities of Rock Salt and other utility minerals to the US Gov't that will be distributed to states in the NE and Mid Atlantic States. The quantities will aloow municipalities not to have to purchase this material for a 12-18 month period. How will this effect CMP?
I would short today. Today being options expiration day financial stocks / oil have been rallying on low volume. All the news is telling that these should go down. As soon as Monday we start going down.