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dickmilde

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dickmilde

Re: NYOptionsGuy post# 2079

Tuesday, 02/13/2018 5:33:49 PM

Tuesday, February 13, 2018 5:33:49 PM

Post# of 3113
In January they reported selling about $9.7 million in stock... Add this $6 million " equity investment" and you have an increase in the number of shares outstanding making it harder to come up with a reasonable earnings per share number.

The problem seems to be that the cost of goods is too high leaving a small amount as gross profit and the SG&A portion of the expense is taking most of that.

The only place where success comes before work is in the dictionary

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