I note that you have asked this same question on the stock of other companies. It's your money and you should be the one controlling your money, not some total stranger. If you are not familiar with some of the uneducated who frequent these message boards, get familiar quickly; there are many out there in investing land who will cost you money with their crackpot ideas, rumours, and plain 'ol lying.
I find myself to be a good indicator of when to buy. Your reason for being leery of buying is based on what is now dated information though still unfolding. With this in mind consider that CODI's lowered shareprice likely reflects this information since before this debt situation came into prominence, our shares' price was considerably higher. My own feeling is that you might want to put a toe in the investing water. I believe CODI is a good investment with it's dividend and what I think is an eclectic hash of companies that make me $$$. I am impressed and pleased with the people running the show. I like the philosophy of leaving the aquired firms in the hands of the prior owners. That's my drumpounder for CODI.