Comments on: Take Advantage of the Growing Demand for Composite Materials http://www.contrarianprofits.com/articles/take-advantage-of-the-growing-demand-for-composite-materials/18049 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 24 Nov 2009 15:08:08 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Paul http://www.contrarianprofits.com/articles/take-advantage-of-the-growing-demand-for-composite-materials/18049/comment-page-1#comment-59866 Paul Wed, 12 Aug 2009 18:51:00 +0000 http://www.contrarianprofits.com/?p=18049#comment-59866 Another member of the ZOLT Kool-Aid drinkers club...As a former member, I invite you to scroll back to every "about the turn the corner" pronouncement this company has made over the last 10 years...It's not that carbon fiber isn't "for real"-- it's just that this company has never demonstrated an ability to consistently ~make money~ selling it. (Which is not to say its CEO hasn't had better luck selling his stock at opportune times!)...Go ahead-- look at the quarterly earnings, which have missed-missed-missed estimates on a regular basis, followed by the CEO's excuse du jour..Do a search for the "Zoltek 2000" speech and you'll get a strange sense of deja vu...right on down to the "spend $ to expand, lose money due to overcapacity, spend $ to shut down, spend $ to expand, lose $ due to overcapacity" vicious cycle...if you're a former shareholder who foolishly bought into the story for a while, your deja vu may feel a lot like nausea. Another member of the ZOLT Kool-Aid drinkers club…As a former member, I invite you to scroll back to every “about the turn the corner” pronouncement this company has made over the last 10 years…It’s not that carbon fiber isn’t “for real”– it’s just that this company has never demonstrated an ability to consistently ~make money~ selling it. (Which is not to say its CEO hasn’t had better luck selling his stock at opportune times!)…Go ahead– look at the quarterly earnings, which have missed-missed-missed estimates on a regular basis, followed by the CEO’s excuse du jour..Do a search for the “Zoltek 2000″ speech and you’ll get a strange sense of deja vu…right on down to the “spend $ to expand, lose money due to overcapacity, spend $ to shut down, spend $ to expand, lose $ due to overcapacity” vicious cycle…if you’re a former shareholder who foolishly bought into the story for a while, your deja vu may feel a lot like nausea.

]]>