RE: RE: RE: Restructuring on the horizon?Thank you very much for your input Pieroil and Ready. You seem to be saying that CAS is a fundamentally sound company, and you may well be right. However, the markets think otherwise. The packaging products market refuses to pay the prices that CAS needs to turn a profit; the stock market thinks that CAS stock is worth less than half of its book value. I am about 1/3 of the way through the liquidation of my position (a substantial one, unfortunately.) Once I am finished I will keep this stock under observation and I will buy back into it when I see the faintest signs of stabilization (please note that another 52 weeks low has been touched today...again)
I wish you both good luck.
Carlo