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Cenveo Inc. Message Board

rbladeg 2 posts  |  Last Activity: Jun 28, 2016 12:40 AM Member since: Nov 5, 2013
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  • Reply to

    New Burton purchase

    by theschust Jun 14, 2016 3:30 PM
    rbladeg rbladeg Jun 28, 2016 12:40 AM Flag

    I can't sell my position, sir. It is a company-directed 401k - CVO being the company.

    And don't trust the margins. There are smoke-and-mirrors like this at least once/year. They will push back production on less profitable orders until the next quarter to have a better and more profitable product mix. The effect isn't real. They certainly aren't making any pricing power plays.

  • Reply to

    New Burton purchase

    by theschust Jun 14, 2016 3:30 PM
    rbladeg rbladeg Jun 27, 2016 9:38 AM Flag

    But I am invested in the company; through the company 401k.

    I was so thrilled to see that CVO common stock was such a prominent part of the investment proportion. [/sarcasm]

    Go on thinking that this heavily-leveraged, declining margin business can be profitable long-term. Your thoughts are different than mine and you are free to invest where you like - that's why America is so great.

CVO
7.72+0.06(+0.78%)2:17 PMEDT