RE:RE:RE:Resultsgravedigger51 wrote: Sweet water,
my numbers (guestimates) are saying we are in the lower to expected range of Japanese cancellations as this is a larger one. You may see one or two more smaller ones over the next quarter or two.
my take is after these results next week we should have some pretty smooth sailing through to the end of the year with macros gaining momentum. I was expecting in the fall macros to still be poor at this time and this news would have knocked the hell out of the SP. My guess is pretty much all foreseeable obstacles have been hit and the 10% cut will help offset numbers for 2017.
But the CRA issue is real and if you think a 12 % hair cut to the SP is big, wait to see what happens early next year with a worst case scenario decision. They NEED to resolve this.
CRA? weren't you warning about that when the stock was 10 bucks?