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This stock is down 50% - and we're only an hour into trading. Anyone know what's going on with this one? Thankfully, I only got a partial fill of 150 share about 5 weeks ago, doesn't pay for me to sell...
Indytrader
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SOUTH PLAINFIELD, N.J., March 28 /PRNewswire-FirstCall/ -- CAPE Systems Group, Inc., a leading provider of software technology for packaging design, RFID asset tracking, pallet optimization, inventory and warehouse management, supply chain execution and order fulfillment, announced today that it has received a new expansion order from Pure Fishing, the nation's largest fishing tackle company, to provide a further expansion to its existing Spirit Lake, Iowa installation of its advanced pick-to-light system. ADVERTISEMENT
Den Stulc Executive VP-Operations of Pure Fishing commented, "This was an easy decision. CAPE's systems are easily implemented and are up and running with minimal interruption to our business. In this particular case, the system was installed and running in under 14 days. From the moment of installation we enjoy immediate benefits in terms of efficiencies and cost savings from these systems."
David Sasson, COO of CAPE Systems, commented, "We are extremely pleased by the confidence Pure Fishing has once again shown in us with this order for the latest release of our advanced PicRite® Pick-to-Light systems. As the nation's largest fishing tackle company, Pure Fishing's order fulfillment system requirements are constantly changing. Having Pure Fishing continue to partner with CAPE to meet their needs is the biggest compliment a customer can provide."
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