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Charles & Colvard Ltd. Message Board

  • youarenotajedi youarenotajedi Oct 26, 2010 12:45 PM Flag

    CTHR drops big before earnings

    This is not a good sign, maybe someone knows sales were weak this quarter and is getting out now.

    Let's see if earnings are good or bad on Thursday.

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    • stellarbeautysuperiorbrilliance stellarbeautysuperiorbrilliance Oct 26, 2010 1:06 PM Flag

      I agree it isn't a good sign. But sales and earnings aren't the issue. The revenue and earnings numbers will undoubtedly be PATHETIC once again this quarter.

      The problem is that the new Mgt team has not spelled out its plan for rebuilding this company and producing large sales numbers (exceeding past records). They haven't provided much information at all. Apparently they are not doing anything significant, or else they are not supplying sufficient information to the shareholders.

      On Thursday, they need to provide extensive information about how they are rebuilding this business. The 3Q2010 numbers won't matter much. What ballpark can we expect for sales in 2011 and 2012.

 
CTHR
2.11-0.01(-0.47%)9:30 AMEDT

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