Thanks for the response. The insider selling was in the range of $9 to $15+ and was in late February/early March. Also, much of it was by Harold Friedman who retired. I don't find it surprising that insiders unloaded at that price given the historical prices of FRD. If my memory is correct, this is roughly the same time where I sold my shares.
Also, the 10Q published in Feb showed that earnings dropped sequentially from $0.25/share to $0.16/share. I think that this in combination with insider selling caused the downward slide.
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