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CLCT (PCGS stock) Has really taken a hit!
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<p>[QUOTE="desertgem, post: 1574239, member: 15199"]Here is a copy of the conference call by CLCT. Basically their submissions declined by about 28% during the quarter, while the comics and collectibles ( autograph authentication, etc.) increased by about 9%. They also are not doing as well in Hong Kong as they hoped at this time. Interesting, one of the comments was that very few coins come from mainland China due to the difficulty of moving them into Hong Kong. Not a very good Quarterly. IMO. </p><p><br /></p><p><a href="http://seekingalpha.com/article/994071-collectors-universe-ceo-discusses-f1q13-results-earnings-call-transcript?source=yahoo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://seekingalpha.com/article/994071-collectors-universe-ceo-discusses-f1q13-results-earnings-call-transcript?source=yahoo" rel="nofollow">http://seekingalpha.com/article/994071-collectors-universe-ceo-discusses-f1q13-results-earnings-call-transcript?source=yahoo</a></p><p><br /></p><p>Also with the increasing concern on the tax increase on dividends if the old tax does not renew, almost all dividend yielders over 4-5% were dinged today.[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1574239, member: 15199"]Here is a copy of the conference call by CLCT. Basically their submissions declined by about 28% during the quarter, while the comics and collectibles ( autograph authentication, etc.) increased by about 9%. They also are not doing as well in Hong Kong as they hoped at this time. Interesting, one of the comments was that very few coins come from mainland China due to the difficulty of moving them into Hong Kong. Not a very good Quarterly. IMO. [URL]http://seekingalpha.com/article/994071-collectors-universe-ceo-discusses-f1q13-results-earnings-call-transcript?source=yahoo[/URL] Also with the increasing concern on the tax increase on dividends if the old tax does not renew, almost all dividend yielders over 4-5% were dinged today.[/QUOTE]
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CLCT (PCGS stock) Has really taken a hit!
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