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chklingon

12/20/12 11:28 AM

#14307 RE: Seasound #14306

Not much to be done here for now. The overall market is just drifting into the holidays like the rest of us are. This is not unusual. Overall market up one day on hope for Washington, the next day dispare. No way to really step out and put your money at risk anywhere until the waters clear. I for one am headed out Saturday for two weeks on a land trip and a cruise to the warm Caribbean Sea. Time for us all to settle back and wait for January. We will know by then if Washington can fix itself or what the physical cliff really means to us all. Either way..... people will still need energy and perhaps CPST will be just fine in the new year.
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CaptWhizbang

12/20/12 11:38 AM

#14308 RE: Seasound #14306

IMO, CPST should be profitable long before any 4 year death spiral threatens.

The slide has been going on for several quarters as market pressure to achieve profitability was frustrated by CPST missing the analysts' projections, even though the real reported numbers show the company is on the best footing ever.

Of course, the world recession, shorters, and now, the fiscal cliff have played no small part here, making it all the more impressive that CPST has reported significant continuous improvements despite any happy talk or downer talk.