I would just like to see it slightly above 1/2 full. My concerns still remain cash burn and profitability. There was no clear road map given as to when or how profitability will be reached.
One positive that I did take away was "we are going to focus on the known viable markets and steer clear of niche opportunities." That would certainly seem a better strategy in using the 50 million to me.
Russia, as a continued viable market, is a bit cloudy as Putin sends war ships to Syria. Not sure what that would do to sales if things heat up more over there.
Although I'm new to posting on this site, I'm not new to Capstone. I've watched it for some 15 years off and on. While new to posting on this board I have lurked for quite some time and find it to be one of the most professional boards out there, i.e., no bashing, flaming, etc.. I was just surprised at the "irrational exuberance" last Thursday after hours.
June 17 Weekly Stock Watch also seems to be taking more of a wait and see stance now and is hedging on the "picking up a few shares around a buck mantra..." "For the time being, however, it’s tough to count on CPST sustaining any gains until profitability is met."
