Titan launches wedding collection of timepieces

The Soul Mates collection celebrates the celestial occasion of marriage

Post By : IJ News Service On 14 May 2011 11:14 AM
Charles & Colvard shares were traded for a higher amount, an analyst mentioned that the company could be in for a take over. According to the analysis by Merriman Curhan Ford managing director Eric Wold, the firm’s moissanite inventory is avlued at $43 million, which has an actual retail value of about $157 million, seven times the company’s current market capitalisation. %% It is analysed that if the takeover occurs, the company can set its target of $3 to $5 a share, at a 75% premium to its current stock price trading near the 52-week low of $1.20. If Charles & Colvard pumps in more money into a moissanite advertising campaign, it can find the patents on the product valuable.

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