Cottongauzefilter (stockreplacementfilter). Lookingalmostidentical to theset upofapaperairfilter, a cotton gauze filteris fitted and enclosed to a holder.
Heckmann bought most companies with US Filter's high-price stock, diluting earnings per share and masking the fact that most bottom-line growth was coming from acquisitions.
Add to this the many other factors that could be having an impact on the stock market, and it may be difficult to filter through the noise and draw a definitive conclusion.