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Charles & Colvard Ltd. Message Board

  • uhaveagood1ok uhaveagood1ok Feb 10, 2011 11:39 AM Flag

    "A mythological phoenix rising from the ashes"

    That's what RJ Falkner says about CTHR:

    Charles & Colvard, Ltd. (NasdaqGS: CTHR).We believe that Charles & Colvard, Ltd. (“CTHR” or “the Company”), like a mythological phoenix rising from the ashes, is in the early stages of a dramatic turnaround that has the potential to generate significant value for shareholders in coming years. As the exclusive manufacturer of moissanite jewels for sale into the $120 billion global jewelry market, the Company is able to deliver outstanding price/value to a large and growing segment of consumers for whom diamonds have become too expensive, but who nonetheless desire the exceptional brilliance, fire, sparkle, and durability of a flawless diamond in a less-expensive hand-cut gemstone. Under previous management, CTHR’s sales soared from $11.5 million in 2001 to approximately $43.5 million in 2005, before collapsing to $8.3 million in the next four years under the weight of ineffective merchandising strategies, flawed pricing models, and eroding customer relationships. Under the direction of a new team of executives and directors with over 100 years of jewelry industry experience, sales have turned around and profitability has been restored during the past twelve months, and we believe the Company stands upon the threshold of very impressive growth over the next several years. CTHR shares, which at $2.80 are currently trading just above book value of $2.50 and almost 90% below the stock’s all-time high price (2005) of $26.29, present a highly attractive buying opportunity for growth-oriented investors with a 12-36 month time horizon. In our opinion, CTHR shares have the potential to appreciate several hundred percent from recent price levels as the Company’s sales/earnings turnaround and impressive management team gain recognition and credibility within the investment community

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