Capstone Companies Inc (CAPC)

[Salve Lucrum]

What can I say, Adren?

You asked:

Whatever possessed you to get back into this train wreck?

The best answer is, "The Devil made me do it" although the more technical answer is that I saw a profitable 2011 evolving and added some shares based on the opinion that surely even the most bumbling management team could build on that. The hiring of a professional PR/IR team appeared to be icing on the cake.

Based on their subsequent performance it appears that the PR team was not so much hired as bought.

And management has bumbled along for two more quarters, not only dropping the stock price into the toilet but (perhaps deliberately?) holding its head under.

Oh well, luckily my cost basis is low!

(Hey, I can spare a few potentially valuable CAPC shares if you want to get back in, or that land in Florida is still available, take your pick!)