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The Clorox Company Message Board

cncmachinepro 2 posts  |  Last Activity: Apr 24, 2015 4:36 PM Member since: Jul 11, 2013
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    Over 900k shares traded today on the downside

    by joetong419 Apr 24, 2015 4:14 PM
    cncmachinepro cncmachinepro Apr 24, 2015 4:36 PM Flag

    Any company with significant revenues in Europe is being taken to the woodshed for earning shortfalls that are strictly dollar related. Quarter really seemed pretty good for all other areas. When a thinly traded stock only goes down a buck when there is heavy selling then the stock price is probably pretty firm at the current level.

  • I hope the conference call sheds some light on the $2.2 million bad debt charge. If one of their customers went bankrupt then it might indicate a lack of proper oversight of sales people. I don't where they sell their printers but maybe the problem is a foreign country with a hostile legal environment. Whatever it is, Rockwell has to indicate the exact problem.

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