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Charles & Colvard Ltd. Message Board

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  • watchthedownside watchthedownside Dec 18, 2009 10:05 AM Flag

    I think CTHR it will it $2 today.

    mois....not sure what you contributed on the way down....all i have seen you do is say sell from the bottom......if you read all of my prior posts I started with questions, but then came to the conclusion that it was very, very difficult to see how investors would not get book value for this company......not sure what value I added with those comments but hopefully prevented people from panic selling at the bottom

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    • They did a $1 million buyback for the express purpose of complying with NASDAQ to keep the price over $1 per share, to stop their delisting, which seems to have worked.

      I am guessing that means they have orders placed for at least $1.00 per share, to keep it above $1.00 per share.

      The only problem that I see, is that they lost almost $500,000 3rd quarter, and the new President seemed pleased with that.

      A Corporation, which a patent monopoly on a product, that loses money almost every quarter and almost every year, is doing something wrong.

      At the very least, they need to disversify.

      IMHO any president who who pleased with a loss needs to have a negative salary. Let's see if that pleases him.

      This company needs some major changes to get the stock up to over $10.00 per share where it should be, and profitable, every month, every quarter, and every year.

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