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Friday, May 24, 2019 3:09:42 PM
INND's past experience building out the retail hearing aid store model in CA is very beneficial. They realize the economy is strong and labor is tight; however, they know what they need from a personnel standpoint to get the most out of each location. I'm optimistic they will navigate the hurdles they face.
I do like the new Pleasanton location. It's a well visited medical facility in a growing city surrounded by other growing towns/cities who have a solid affluent base of retirees who will need a good hearing aid store to service their needs.
For those investors who don't know the Nor Cal market, it may help to map and see where they are placing their locations. They are being strategic and have a plan.
A little surprised our volume is low today as the SP is in a great accumulation spot. I've been adding for 9 months and will continue as it makes sense and hold for a year to watch this play out.
For all INND longs, hope you all have a great holiday weekend.
For those in CA, hang loose!
Peace.
CF
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