RE:RE:v-g refuses to accept his own posts re $1.50 Astute, I never said that it will be $1.50 on May 12.
The way QTRH trades there is a reaction on earnings day and that is followed by 30-60 days of suffering. It will occur over the summer. You can put me on record for that.
This is because the stock is so illiquid that people can't exit all at once.
We are in a bear market. This is not a time to be looking at upside in stocks you own. It is the time to look at downsides. In bear markets, they tend to go to those levels.
The other thing to look at in the financial statements is the 52% increase in inventory and 134% increase in finished goods. There was no inventory acquired with ETC. This is IRD having sales issues and that means more discounting and margin compression to come.