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Spartak

08/03/12 11:26 AM

#1040 RE: stockdoc68 #1038

With all the blame Coats gets from shareholders, I think he has done outstanding job slashing overhead when the company could have easily went BK during recession. It's tough for him to slash it through his own salary I gess, but one can understand that. I see that he's trying and I hope he finds suitable buyer or makes it on his own through aquisition of small lead companies. He's learning. I hope he succeeds.
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confusedtrader

08/03/12 11:27 AM

#1041 RE: stockdoc68 #1038

For me, valuation* and the fact that Coats acknowledged recently that it is too small a company to remain public and might sell it in the near future.

Valuation*: Now this can easily change if poor acquisitions are made with lots of debt.

I will buy more if someone dumps at lower prices. I haven't bought today. Have low orders in place.

You have to be super patient and careful with this stock, as with any.