Nova thanks for the useful information unlike what most post provide.
Sentiment: Strong Buy
Not sure what he sees but it must be something huge to dump that type of cash into this company. As it's largest stockholder he must feel very good about his chances to receive a great return on his additional investment.
They would not be spending the money(15 million) on the plant in Texas if they were not planning on producing a product soon.
Look him up. He is Eastern Capital and largest shareholder investing additional funds. I view this as very positive since he knows the company from the inside far better than anyone else.
The new annual dividend which was increase by 30% today is $1.484 per share just short of my prediction on June 2nd of $1.50 per share with a yeild of over 5% not bad