Well, I'll give VFC's Steak House, err, Stock House, credit for continuing to gnaw at the bone. Nothing new from VFC except buy at a dollar rather than a $1.05 $1.06 levels for a nice trade. Depending on your trade, short or long, that last 20 cent downward move and the 10 cent retrace could have been naughty or nice. I wish I could say that I hear those sleigh bells a'ringing.
All of the recent exposure is great, but it is meaningless unless it translates into sales and deliveries; speaking of which... the last sale was announced on 10/22/12.
In paragraph 6 the following was highlighted from my perspective, although neither is anything new:
The problem, thus far, for this company has been reaching profitability. Investors look to the encouraging trends posted in recent earnings reports as positive indications that profitability is within reach, but some still predict that it will be years before the company gets there — although fairly significant improvement in overall margins should also be noted. I do take note of the margin improvements btw.
Just as an aside... the WSJ on December 2 headlines Global Gas Push Stalls --Firms Hit Hurdles Trying to Replicate U.S. Success Abroad. Interesting reading if the link is still up. Reading between the lines our (Capstone's) playground is still right here in the good old USA. Will opportunities still present themselves in Australia and S. America? I believe so, but not at the pace that was hoped for. Still awaiting word of Origin's "talking about using 1000 C-1000s." Something positive on that front could give us a much needed boost.
AI
