CPSL - What's up
Is this a stock whose time has come. The products they produce could be the answer, but I was caught on the wrong side of the curve last October and something tells me it could be another flash in the pan.
Is this a stock whose time has come. The products they produce could be the answer, but I was caught on the wrong side of the curve last October and something tells me it could be another flash in the pan.
Comments (2)
Sales for the past 12 months are $65 mm, EPS of $0.22 and in the 10Q, it states that 24,273 tons of steel processed, up 51% from 16,220 the year earlier. Precision manufacturer --- from 7.5 mm thick to 0.03 mm thickness.
Plus, lots of rebuilding to do in China. You could have discovered a winner, dude.
More later...gonna check it out!
Posted by TheAImanac | May 30, 2008 4:09 PM
Hey Wade,
I bought this stock last year and I think it's less now than it was last year. I found it last year and they were adding new lines or planta and upping their production. I thought it was a winner but it never panned out. If they get all the new production online and steel prices continue going up it may move up. But,for now if you look at the chart the stock has been going the wrong direction
Posted by shorty4407 | June 2, 2008 9:40 PM