RE:RE:RE:RE:4th Quarter1. Simply disappointed in 4th Q earnings. In 3rd Q they had some transportation issues (lack of truck drivers) and were still booking acquisition costs related to Hixon.
2. Expected benefits from the Hixon deal would start showing up in 4th Q.
3. In the current environment .. inflation worries & a deranged Putin .. I wanted to lock in my profits.
4. After reviewing there 4th Q financials I anticipated a significant drop and put in an ask at $8.00 last night. They sold first thing this am at $8.06 and are currently down 49 cents or approximately 6% from yesterday. Could of course be wrong but I expect a further drop in the short term. I hope to get back in .. but we'll see what happens.