vernjr, I believe it is inevitable that CESX will return to the $2 area and more. A couple of decent contracts and it will move up. I am just trying to be cautious in building a larger position. I don't place a large bet on any one stock. I should have with Apple, 20 years ago Lol.
Just a reassignment of positions. The thing here is revenues. CESX is very good at what they do. I have a small position but will add to it at the right time.
"On May 20, 2015, the Board appointed Clyde A. Biston, the Chairman of the Board, as the Company's President.
Mr. Tostanoski, as the Company's Chief Executive Officer, remains the Company's principal executive officer.
Mr. Biston, 65, founded the Company's wholly-owned subsidiary, Cross Environmental Services, Inc. ("CES"), in 1988 and has been its Chief Executive Officer since inception. Mr. Biston was the Chief Executive Officer of the Company from September 10, 2013 through April 7, 2015 and has been Chairman of the Board since September 10, 2013. Mr. Biston has over 40 years' experience in the general construction and asbestos abatement industry. Prior to entering the abatement profession, he operated a building contractor business. In the nine years prior to the formation of CES, Mr. Biston personally supervised the removal of more than 2 million square feet of asbestos containing materials on projects in Florida and Georgia, as well as many large-scale demolition and remediation projects. "