Monday, August 29, 2016 10:57:37 AM
I know they won't spend all of that money all at one time, but the point is that they need to be reinvesting profits into growth. As has been noted, the market penetration for the hand full of products they offer is extremely weak. I would rather see them spend that money on getting more product out into those stores that supposedly carry them.
Having said all of that, I do realize that this move is a great optical for new investors, and I appreciate the personal profits I will make on the short term reaction. I'm just concerned about the long term, and I hope Stewart is still focused on operational growth.
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