Capstone Companies Inc (CAPC)

[Salve Lucrum]

abcddavis you nailed it!

Unfortunately pronouncements by Stewart Wallach carry very little credence in the marketplace.

The week following the upbeat Oct. 6 announcement, in the midst of a flurry of trading activity, Credit Suisse reiterated their "underperform" rating. Yep, "reiterated" it.

Remember what happened as recently as 2013 when we had another Wallach PR touting a "record backlog" going into the 3rd and 4th quarters? Well, sho nuff, the third quarter was spectacular but mainly because they "borrowed" revenue that should have recorded in the 4th quarter.

And that 4th quarter? Well that one suffered the most terrible loss in CAPC history going back to 2007. Followed,by the way, with two more losing 2015 quarters.

So why should potential investors doing due diligence ignore the balance sheet, the current rating, the history of losses, and the obvious attempts at amateur stock price manipulation to invest in this stock?

If Wallach can finally put excellent numbers on paper within a straightforward 10-Q your recent buy of cheapies should pay off.

But not until then.