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NoNameStocks

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NoNameStocks

Re: Phaedrus77 post# 479

Wednesday, 10/21/2015 10:53:39 AM

Wednesday, October 21, 2015 10:53:39 AM

Post# of 776
Man have I been wrong on this one. I sold out on Monday. There's just too much wrong with GLGI and even more wrong with my investment thesis.

How are sales to MC down so much? $1.7M to MC this quarter vs $3.1M last year and $4.5M the year before?! The slim keg should help that but I think that'll only be maybe $1M annually. Non-MC pallets sales were up big this quarter thanks to the wine company, that's good but I expected MC sales to stay flat YOY.

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