GREY:SWYDF - Post by User
Comment by
griefmanon May 14, 2019 1:15pm
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Post# 29745746
RE:L.C.
RE:L.C.Any company who sells anything would be concerned with the “retail” price they can garner for their products, and Stornoway is no exception. In some ways they are even more under the eight ball as they need to mine to produce their product and can’t go to China to buy their products at a cheaper price and thus make more profit and be competitive and have a chance to stay solvent.
Its almost that simple...cost of goods high, retail price low...you have to ask yourself how long can they continue with that scenario without some outside, additional help, from government or another company, before they are insolvent?
As a retail stock investor, you don’t need all the smoke and mirror analysis from someone you don’t even know to understand the issue...it’s really quite simple IMHO.