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Re: hweb2 post# 168841

Wednesday, 03/30/2016 11:30:50 AM

Wednesday, March 30, 2016 11:30:50 AM

Post# of 173750
SLGD

Simple Answer is COGS were up almost 600k from q3, with sales being slightly sequentially down. Hence GM sucked, now I didn't dig whether there was some kind of inventory writedown, bad product mix, or simply they got lower prices for the stiuff they sell. Either way their GM were very bad this quarter in my opinion.

---All above is just my humble opinion.
And I could always be wrong.
And as always do your own DD.---
http://www.investorshub.com/boards/board.asp?board_id=5316

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