Charles & Colvard, Ltd. CTHR

This has gotta run.

Penny pinchers selling off...

Slowly curling back up. Nice to see!

So what’s the play? With the threat of delisting what will they do to push back over $1?

No doubt this is a buying opportunity, but how long do you want to hold it? No one is out buying jewelry right now...

What am I missing? I see no reason for this weakness...

Ok here’s my thoughts:

1. The earnings miss was due to Tariffs and Corunna Virus, both are temporary problems.
2. Sales increase of 5%
3. Increased advertising
4. Growing footprint in retail stores
5. Tangible asset book value of 1.89
6. Valentine’s Day sales boost as this company is heavy into engagement rings.

I see only upside at this price.

Anyone here...?

Anyone else read the transcripts? Thoughts?

I’m a recent addition. Holding from 1.09.