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Re: midastouch017 post# 665

Wednesday, 10/05/2016 4:27:04 PM

Wednesday, October 05, 2016 4:27:04 PM

Post# of 746
Could also be indications that the recently-completed quarter's YOY growth will be weak, especially given the tough compare with Q3 of last year. The realization that it might take longer to penetrate a price-sensitive niche like textile manufacturing with a high-price point product is, in my humble opinion, all the more reason to be long-term focused on the investment case. Things might be lumpy in the near term.

Nevertheless, it's hard to read much into a move like this on a volume level (about 100k), that, while higher than the average daily, is hardly extraordinary in the context of trading volumes from the past 3 months or the past year, respectively.

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