Amcol owns 22% of the equity in Ashapura, an Indian company that just announced that their first quarter profits were up 226%. Their bentonite, bauxite and bleaching clay businesses all participated. Among their comments was a statement that their geosynthetic clay liner business was up also. I assume this part of their business is conducted in their Ashapura Volclay subsidiary, which is a 50/50 joint venture with Amcol. Today's price action (currently $23.43) closes the strong gap down of one week ago. A week long time frame is not the sort of snap back that would make it a Bear Trap but it is also not a strong Breakaway Gap to the downside. The price is now rising sharply accross its 90 day moving average into a sharply droping volume weighted moving average (now at $23.96.) We will see how those two collide.