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Oil-Dri Corp. of America Message Board

  • greendog03 greendog03 Oct 22, 2008 9:02 PM Flag

    We actually had an inside buy

    it was small but from a guy who usually sells. it's taken me a while to get over that an insider had actually bought some stock. Amazing!

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    • well, they were given so many options...created a lot of selling. for the first time in a long time, it appears options remaining outstanding are no longer "excessive"..which is subjective on my part. Still, it appears they're no longer just printing options over there and the board is actually thinking about value per share and the impact of that value from their option dilution. Hope management locks in these natural gas prices. I'm not a commodity trader, but at the rate the Fed is expanding its balance sheet, you have to wonder if inflation isn't going to come back and bite them...and ODC. I'm curious to see next quarter's gross margins...

 
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