Not to worry, imho. You will get that money back and then some. CPST has great potential and profitable by EOY as stated in the CC. Great opportunities for swing trades in near future, imo...
Bottom line numbers have continually improved, and company is making all the right moves to get on track. Large back orders show the demand and satisfaction for the product in many countries.
Just have to get costs down, and production and shipping numbers up with new assembly line. Improved economic conditions will surely help speed the process. After crash, it is up from here. You have to remember that this stock is NOT A PINKIE with all the slipperiness and mentality that category brings to the table. Totally transparent.
CPST is a very good stock to swing trade, so keep you eye out here. I started trading CPST when it was at $2.68 when it was still falling before the market crash. I have continued to make money here, and I feel, in all honesty, that it will continue to get even better as the economy improves and CPST nears profitability. I like everything that I heard on the CC as to CPST's actions to grow. I knew the loses would be there, but I knew that the bottom line would show improvement too as it has for quite a few quarters. We are nearing profitability here; just a matter of time.
This spike was "managed" starting weeks before the CC, imo. Watch for the momo plays, and you will find opportunities here. I am looking for a new entry point now for the next opportunity. Hope you will continue to join us. Thanks for your input. GLTY
Gary
