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Message Boards Settings A.M. Castle & Co. (CAS) - Quote Info
GET OUT NOW!!!     28-Apr-09 11:47 am    
Who would have seen this comming? This stock is going to drop back down in the mid $8 range this week. Maybe they shouldn't have spent millions of dollars in Cleveland and Chicago updating equipment that helped out none what so ever. What really gets me is that in Cleveland, under the power of one named RONALD everything started to do very poorly. Orders not going out left and right due to the upgraded equipment that was oversold to him. 80% of orders were 1-2 piece cuts, as he ordered state of the art saws over a million dollars worth that haven't even been up and running because these saws are ment for nothing less than 5 piece jobs. Maybe this is why Cleveland under one named RONALD went from being over 98% efficient to less than 40% efficient. Did the company reconize that this man was doing a very poor job of running a business? Yes, thats why they then promoted RONALD into a position that pays more than double of his last salary. This is why Castle is failing, they promote individuals not on good merrit, but on poor decision making. Maybe at this rate RONALD will be the companies president within the next year.


Sentiment : Strong Sell
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financialwh...


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  Subject Author Rating Time of Post (ET)  
 
GET OUT NOW!!!
financialwh... (1 Rating) 28-Apr-09 11:47 am  
 
Great post. Tell us more.
alloyboy60 Rate it 28-Apr-09 12:52 pm  
 
Sounds like Ronald would make an excellent candida...
nestfeather... Rate it 1-May-09 06:46 pm  
 
I have heard this company has a new computer syste...
oneknowital... Rate it 24-Oct-09 09:33 am  
 
More importantly....is the system working??? ...
alloyboy60 Rate it 25-Oct-09 08:54 pm  
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AM Castle & Co. (CAS)

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On Nov 27: 13.06 Down 0.48 (3.55%)
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