why share price is stockThe company benefitted from a 24% price increase in envelopes . However the volume of envelopes sold decreased and that is the trend. It is innevitable that envelope use is declining. Unless the company can move away from its depedance on envelopes, the share price will continue to decline. Those who sold at the peak prcie shold feel very fortunatel. Those who still have a profit should consider selling their shares.
Unless the compnay can continue to pass on price increases of enevelopes, I don't see a great future for the company. Enevelopes are made all over the world and what is to stop Staples, etc from importing them from countries that have a much lower cost of production.