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Re: hweb2 post# 22453

Friday, 07/15/2016 2:30:36 PM

Friday, July 15, 2016 2:30:36 PM

Post# of 113853
SIF - In terms of seasonality, I first saw the comment from the ex-CEO you reference in your message. I then checked their quarterly results independently and did notice the seasonality, where Q1 is weakest, followed by improvements in Q2 and the best results in Q3 and Q4.

They are also expanding their California operations, so hopefully they're confident they can fill the new capacity and we'll see some nice top-line growth in addition to the profitability improvements.

I'm encouraged by the volume today, hopefully this is a near-term bottom.

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