Overview and Thesis
Charles & Colvard, Ltd. (CTHR) is the world's sole provider of moissanite, a created gemstone that competes with precious stones such as diamond. The company begins with raw silicon carbide crystals and then grows gem-quality moissanite through its patented processes. Each gem is then cut and polished to CTHR's standards and is subsequently sorted and graded. To say CTHR operates a unique business is an understatement and I believe the company's monopoly on moissanite coupled with booming demand will power shares higher in the future. Recent earnings and announcements sent shares soaring and they remain near their highs. With shares worth roughly double what they were just a few months ago investors must...
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