Part 2“The monster quarter they are coming up against” yeah, I get it, but what is GSI management supposed to do? Jump out the window? No, of course not. I expect them to execute, -do the best they can, like so many other companies that have faced this dilemma.
But beyond that, I have to ask myself why has this analysis been shared with us? It needn’t have been. Wolf shifted his assets and all he had to do was wait to see if the Q1 is insurmountable versus last year. I think the report and its observations was a fine effort and he may have wanted to crow a bit. But one can’t help but feel there may be an ulterior motive, to drive down the price to an even lower point for re-entry. But as Wolf points out, (it’s) “still good enough to maintain 3 stars” and I admire him for his honesty.
We’ve had Wolf’s report and now I’m giving you mine.
More to come.
Fergus2