RE:RE:RE:RE:RE:RE:RE:Huge Block Trade At The ClosejmkOttawa wrote: I hope you are wrong, but that is a distinct possibility.
Oh I hope I am wrong too. No market on close blocks today. Maybe seller, probably Fidelity, is done. I'm purely speculating as I have no first hand knowledge. Going by last conference call management said that customers were delaying purchase orders until after the holidays to clear excess inventory. Hopefully the supply chain and shipping costs issues have gone down and with the company now raising prices to customers quarterly instead of annually, margins should improve.