ATK Alliant Techsystems Inc makes the shuttle solids
among many other things.
http://www.atk.com/Capabilities/c_space_default.asp
The insider trades for the last year are....
Buys $0.0
Sells $2,353,011 ($1,346,536 in the last 3 months)
The last time an insider bought ATK stock was between
one and two years ago, a purchase of $11,002
http://www.secform4.com/insider-trading/866121.htm
The chart pattern reeks of manipulation. Can't see market behavior
anywhere except recently, the price drops and rises are so consistent
and sustained you could make a straight-edge out of them.
http://www.prophet.net/quotes/quoteP...6m&frequency=0
This happens when institutions own 98.97% of the float (gawd).
You could fit all the big shareholders on a nice cool yacht.
Hint, if a few people hold all the stock, and agree among themselves
not to sell, they can't lose. Like in the good 'ol days, before the Internet
let the rest of us play too.
http://moneycentral.msn.com/ownership?Symbol=ATK
So as you can see all the larger shareholders are quietly
cashing out about 10-15% in the last few months.
Looks like the idea is to try to sucker in the little guys to replace
them while they slowly cash out in an organized, even
orchestrated manner.
So the little guys get left holding the bag ...whenever the hammer drops.
Imho.
s