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Coastal Contacts Inc COA



NDAQ:COA - Post by User

Comment by highland12on May 06, 2013 3:39pm
521 Views
Post# 21344074

RE: RE: Financial Statements

RE: RE: Financial Statements

I've been interested in this stock, having purchased and sold shares a couple of times in the last two years.  They have a nice trend of having the price falloff and recover so my investing is short term.  Looking at the financials a couple of things cause me concern.  Their liquidity at this time is marginal with a low current ratio and increase revenues seem to be matched with similar increases in operating costs.  At what revenue point does this get better, if ever.

So for me, my concern with my in and out strategy is the potential for some unforeseen negative news sending the stock price past the bottom value I was hoping for and then no recovery.

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