EXPM:LXRRF - Post by User
Comment by
mjh9413on Sep 06, 2016 8:49pm
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Post# 25212219
RE:RE:RE:RE:RE:gross margin was %14.7 in Q2 vs 30% last year.
RE:RE:RE:RE:RE:gross margin was %14.7 in Q2 vs 30% last year.Cannot imagine why you resort to such labels! For one, I am long and have probably been so for longer than you as my first purchases were around 10c. Second, I just try to be rational as, while Q2 might have expense amounts included that lower margin since the business is not completely stabilised, I feel it will prove closer to the future norm than 30%. (And you say you agree with Rock when you go on to say 20% for Q3, which is closer to my thinking). It definitely makes your label even more unwarranted...using your scale what does it make you...a mild basher!!!??? Ridiculous.