Sunday, September 14, 2014 11:07:02 AM
No. $10,000 for the first two quarters of selling, gross. Just because they have a pile of four year old inventory doesn't mean they sold it. And don't forget that they spend $200K a month in salaries and expenses. The loss will be massive and will only get worse and will be reflected in the PPS which will tank a a couple of weeks when all of this comes to light for real. Problem is that the "game" of playing for bumps may very we'll be over as the rest of the zero basis stock gets unloaded before the financials come out keeping the PPS moving lower.
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