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CPI Aerostructures, Inc. (CVU)

NYSE American - NYSE American Delayed Price. Currency in USD
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3.3501-0.0799 (-2.33%)
As of 12:46PM EDT. Market open.
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  • S
    Scot
    Just dumped all my CVU today and took the loss. As others have noted ont his board-this stock
    only moves in 1 direction..down-even with great ER and other news..Too many other places
    to put my money that will actually bring returns..
  • m
    memories
    Not even the news that the PPP loan was forgiven can move this stock. It ended the week two cents lower. The Company just made thirty-nine cents a share and it still goes down. The Board should be excluding the PPP from any compensation calculations.
  • m
    memories
    In three years, the stock price has dropped 67%. Why does the Board continue to reward failure?
  • B
    Bellamaxi
    CVU shareholder
  • R
    RJ
    Very confused about whether to take the loss and move on, or if I should hold on....made a big mistake of not selling it at $7. It would be a huge loss if this goes to $2 assuming it does. I hope they also release the 1st qtr 2021 results (if those results hopefully can save the company) along with the restated results...why is this taking them so much time to release the reports! Mind boggling.
  • B
    Booleansearcher
    March 6, 2014 Douglas J McCrosson became CEO of CPI. He had been with CPI since 2003 when he was a director of Business Development then somehow moved up into other positions and Chief Operating Officer in 2010. Look at the dismal performance of this man. Look where we are AGAIN...AGAIN with Doug the Disaster the man. He is willing to stay on taking the big paycheck at the expense of shareholders so that tells you about this tiny man. He knows, he has to know that he is totally unfit for this position. We all know, the market knows and has spoken loud and clear for years leaving us now at 3 bucks a share in the greatest bull market ever...and every prior bull market Doug found way to destroy shareholder value. The board is complicit. ENOUGH. Again, write to SEC and to newspapers in the NY area. Boolean
  • B
    Booleansearcher
    another +14 cents on a down day...like clockwork on Doug's time it just drops tomorrow or the day after to erase it and more. Plus, we should be at 20+ minimum and 30+ for sure if it was run like I ran my company. And where is the update to shareholders - he treats shareholders like dirt instead of owners. A breach of fiduciary duty is easy to prove as per what I have learned - you don't have to prove criminal intent or fraudulent actions. So that appears to be the pathway. Boolean
  • B
    Booleansearcher
    AGAIN DOWN - Doug McCrosson rips away another 2.95% from shareholders eclipsing by a massive amount the loss in the market. A travesty to all shareholders. Boolean
  • B
    Booleansearcher
    February 8 2019 - Financials can....NO LONGER CAN BE RELIED UPON and here we are again after multiple issues dealing with again, NO LONGER CAN BE RELIED UPON. When you can NO LONGER RELIE UPON the CEO and the BOARD then there is a real problem and one that if not corrected by removal of Doug McCrosson by the Board then the entire mess must be removed for the sake of shareholders, employees and those produce for. I mean, who is going to take Doug seriously or provide contracts that serve shareholders. You hear Doug on the calls, he is a weeny. He is soft and broken and on top of that a failed CEO as clearly shown by our multiple and repeated accounting problems. LEGAL HELP so can have the company run as it should be. Boolean
  • B
    Booleansearcher
    Very quiet here and with Doug. How long can it take to fix Doug's newest disaster? He said he brought in the BEST and since THE BEST already has worked through massive McCrosson Errors why would it take so long to get this one done. Why hasn't Doug used his massive pay to bring in more accountants to fix his newest mess. Why is he still there. Why is the board sitting back. What is the SEC up to with CPI. What are the attorneys doing. Many questions and one answer - REMOVE DOUG McCROSSON AND THE BOARD. Boolean
  • B
    Booleansearcher
    Please write to the SEC to review this companies CEO and BOARD secondary to repeated accounting problems and the failure of the board to remove said CEO. Do not make accusations just state what has happened over and over again and the FACT that the board "appears" to have failed in its fiduciary duty to shareholders. Just look at the value destruction here and the FACT that again, this stock has collapsed due to their failures during another great BULL MARKET and not because of the business which is soundly profitable under responsible leadership. THANK YOU!!!! Boolean
  • B
    Booleansearcher
    PLEASE REPORT FROM YOUR NEAREST WAL-MART and tell us if you see Doug McCrosson in the greeter chair...the man has over seen massive wealth destruction within the company and shareholders suffered the brunt of it all. Boolean
  • B
    Booleansearcher
    +4%....Doug must be packing up the boxes now...the little man is being walked to his car....we can only hope. Go quietly Doug. I am trying to link up with a business writer in NY to look at CPI and the disasters you have managed there....would make great reading for the populace and bring more attention to board members. The story will be about cozy relationships of boards and management how that fits in with Shareholders and fiduciary duty and all that... Boolean
  • R
    RJ
    Will this company ever release the modified earnings reports? Its been such a long wait!
  • B
    Booleansearcher
    EMPLOYEE REVIEWS OF CPI ON INDEED....rating was only 2.7. Fits the Doug pattern right. Boolean
  • B
    Booleansearcher
    "Over time, the CEO may even have filled the board with people indebted to him or her, who do not really take their review function very seriously. The result is that the board takes action only when things become really catastrophic - by which time it is often too late". SOURCE: Harvard Business Review. Again, this brings us back to legal action and complicity etc - I have been here forever so the I know the path of devastation is long and clear. Boolean
  • B
    Booleansearcher
    Do write to the SEC KIDS....they do listen and will get back to you. Make sure to note how the board clearly should have acted by now - for that there is no excuse. Since Doug doesn't have the self worth to quit then the board should have done it for him. Boolean.
  • B
    Booleansearcher
    This stock goes sharp UP on the removal of Doug McCrosson. The board now knows its legal risks if it chooses to continue its complicity. I continue to hold the stock on this premise. This wonderful company is severely under valued on its core value and the price only reflects the Disaster of Doug McCrosson. Boolean
  • B
    Booleansearcher
    money flow back into small caps and our little man Doug McCrosson manages once again to drop the stock and the value of every shareholder. This can not stand. He has demoralized everyone. He has failed on all aspects. Where is the justice. It is like the right ripping the four officers who told their stories of Donald's insurrection yet never taking the time to watch them or to speak with them. When Donald T and Doug M can get away with what they have done for so long it is a travesty. I am an excellent investor and to find myself hoodwinked by Doug ( no I was on to Donald from day one) is also a travesty. We are a 20+ stock without trying and yet Doug has destroyed it. ENOUGH. Boolean
  • S
    Stock
    Stock going back to 2$ a share unless this current management team is replaced