Glacier Water Services, Inc. – $GWSV – Confident Investor Rating: Poor

Company name Glacier Water Services, Inc.
Stock ticker GWSV
Live stock price [stckqut]GWSV[/stckqut]
Confident Investor Rating Poor

The following company description is from Google Finance: http://www.google.com/finance?q=gwsv

Glacier Water Services, Inc. (Glacier) is primarily engaged in the operation of self-service vending machines that dispense drinking water to consumers. The machines are placed at supermarkets and other retail outlets under commission arrangements with the retailers. The Company’s machines are primarily located throughout the Sunbelt and Midwest regions of the United States. As of January 2, 2011, the Company operated approximately 19, 100 machines in 42 states and Canada. Glacier’s indoor water vending machine was introduced especially for inside the retail store. In addition to having the same multi-stage filtration/treatment system as the outdoor machine, many retailers make available a supply of empty containers near the indoor machine. Glacier also operates a line of PureFill and Water Island equipment.
Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in Glacier Water Services, Inc. It is not possible to confidently invest in a company that is not currently profitable.
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