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Cosi Inc. Message Board

  • corruptbusinesss corruptbusinesss Mar 18, 2013 11:20 AM Flag

    Shareholder law suits or SEC investigations

    This company acts more like a front for organized crime than a legitmate company. I'm only half kidding. Things just don't make sense with this company, no one is this bad for this long without going out of business.

    Sentiment: Strong Sell

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    • So, other than your frustration, do you have any proof that something criminal is taking place? Too many people invest without reviewing any financial information but on a hunch. Then, when the stock goes down, they cry "foul". In Cosi's case, they have NEVER made money however the reason they keep limping along is that they had an initial slug of equity they were living off of as they lost money. They were also able to raise more money along the way in the form of additional equity and through selling company stores to franchisees. It's not a great business but that doesn't mean it's criminal.

    • Business is not easy.............Otherwise everyone would be in it...

 
COSI
1.88-0.06(-3.09%)Jul 7 4:00 PMEDT