Share price tanking until next quarter's bonuses are paid and the insider buying continues. Humpty Dumpty will have a great fall. Most envelope plants are screaming for work and the price drop in the market place carries a take anything at any price mentality. Q2 nimbers are going to suffer and the financial markets know this. I predict it closes at or near $1.80 this week. Who will be the next senior manager to get canned?
Spin being developed as we speak. Boys, get in here... Make sure you tell everyone who asks that Statler was terminated.
Who will be next? Most likely a VP manager from the envelope division. Statler was a good guy but most have finally had enough. Guys like this don't leave without taking people and clients. Maybe not right away but in a few weeks.