One thing I noticed when comparing the 2006 and 2007 presentations was a fairly significant change in the makeup of the shareholders. Institutional was up 14% and individual was down 14%. Not sure what that means, but seems like the trading float is getting smaller.
Interesting comment. I believe money has been moving into small cap funds, but if that were the only explanation, the stock price should have moved up. I was surprised at April's short interest. Was I correct that last year's presentation was more informative, or did I confuse the annual meeting and investor meeting presentation? In the Feb 2007 investor presentation, a slide talks of "re-establishing" metalcasting business in Europe. Any more info on that in the actual presentation?