Charles & Colvard (moissanite maker) sales down 35%

One of our main competitors did not fare so well over the 4th quarter – Charles and Colvard, makers of moissanite, had a sales decline of 35% and lost money during that period:

http://www.tradingmarkets.com/.site/news/Stock%20News/1122918/

With their stock hovering above $1 (vs. $25+ a few years back) there is speculation they may be bought out.

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