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Overhill Farms, Inc. Common Sto Message Board

  • baron1940 baron1940 Sep 24, 2007 9:54 AM Flag

    wy the falling stk price

    Does anyone have a clue why the stk price has fallen so much? The company in making money, and just because the CFO left, that shouldn't make a difference. THe CFO is replacable, there's many competent people to replace him. Could there be another reason?

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    • Just my opinion, but I think it's because they haven't shown the ability to convert their increased revenues into earnings growth yet. The timing and short notice of the CFO departure raise some concerns, but no way to know if it's a good or bad thing. The replacements sounds quite interesting. If the next earnings shows them moving revenues to the bottom line, the stock price will be fine.

 
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