On a technical analysis basis, the peak on the weekly chart was already made on 9/12/2008. On the rally that came close to closing at its all time, volume was lackluster. Yes, they make money but at what price are you going to pay for those earnings? It is at least going back to the mid 60s.
This is the positive spin on the company, but believe it has been factored into the price. No options trade on the stock and not so liquid so need to be careful on this one.
http://community.investopedia.com/news/IA/2008/National-Presto-Keeps-Popping-Along-NPK-LGF-PG1107.aspx?partner=YahooSA
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