CUO - Continental Materials Corporation: The Latest Revelations Make This Company Uninvestable

Continental Material Corporation (CUO) (abbreviation CMC) is a small holding company trading at its lowest valuation since the great recession. 2019 has been a year of major change for CMC. Over the last 9 months the company has divested a large subsidiary, acquired four new business, settled a major lawsuit and closed down a mine with a big liability attached. It was a year of major turmoil that has left investors puzzled how to value the company going forward.

In this article I will first address all the major events that happened in