Well, Barbara, any news you look at you have to take with a good deal of salt. For example, they say they have raised their capacity by 35% by rebuilding that float. But Crawford said two years ago the capacity was 38,000 per year, so we are moving backwards. Besides, we are really supply limited not demand limited. We can handle anything they throw at us as long as the float bridge at Greenville doesn't collapse. Only one out of 7 are working there and they seem to be ignoring the possibility that a 100 year old structure might fail.
I can't begin to post all the other news that appears at the yahoo Club or on RagingBull. If you can stand all the BS, RB has a more complete and accurate picture.
Prediction: Up from here after typical 4 1/2 month slide from the pop. However, how much and how soon are questionable. With all the Crawfords gone, the present ownership is a mystery. With an insider sale at essentially the bottom, and with Crawford family maybe out of ownership, it makes me wonder if another manipulated (IMO) pop will occur.
Right now, with company forecasted earnings, the stock is worth 0 .16-0.34 IMO. For other projections for 5 and 10 years see my posts on RB. |
