I retired from a 30+ career and now work a few hours each morning doing the books at a small plumbing, heating, and AC company in New York state. I'm not a professional but I asked the owner about a year ago about the cheaper artificial alternatives. He said they just don't work as well as R-22. In the 3 years I have worked here, not one customer has requested alternatives. We use R-22. Why pay good money for central air and then try to save a few bucks by putting in a cheaper coolant that doesn't work as well? It would be interesting to hear from technicians from other parts of the country. Here in NY, it's already been hotter than normal in May and we have installed and serviced more air conditioning units than last year at this time and have inquiries and estimates coming in. All have R-22 added. We'll see if the summer is a hot one. Hudson's stock price has remained relatively flat for a couple years now. If the pieces start falling in place, that could end soon.
Nice find. Pretty impressive when the daily volume is 95000 shares and he bought 100000 over two days. May 8th was Friday and May 11th was Monday so he averaged 50000 in 2 days. I always like seeing insiders buy when the stock is languishing. I doubt very many professionals or many investors realize the potential here or have even heard of Hudson. Some analyst will "discover" the stock when it's over $10 a year from now.