doutwest

Another Analyst Likes Capstone

This clearly a very speculative investment....just look at some of the previous comments and they are right on target. Profitability is key to valuation. This stock probably should be traded as a penny stock until they can produce profit. I have bought some in the past (total gamble just like the crap table) and got lucky by the market exhuberance. Before I try again, there needs to be a whole lot more general market stabilization. I own zero of their stock today and can see their management is scrambling by cutting out layers, that could be a good thing.

I visited and spoke with a few of their key players several months ago and the idea of profitability was not on their highest priorty list, it was primarily sales growth. That, to me, seemed to be a fundamental flaw in any basic business acumen. After 20 years, will they ever wake up?