Why do folks immediately think "insider trading" when a stock like this declines? If you don't trust the management, why do you hold their stock? Check their proxy and think about it. How many insiders hold as many as 180,000 shares?? I would bet an institution dumped it. Of course the question still remains: why??
i am guessing but i think the dump was due to not making projected earnings, but am not sure, i havent gotten the hard copy of the 1Q report, and havent heard the audio version of it either, any one who has an idea please let me hear from you