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blue_skies

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blue_skies

Re: Hunting_for_multiples post# 2775

Wednesday, 06/15/2022 2:22:50 PM

Wednesday, June 15, 2022 2:22:50 PM

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Orders get cancelled and delivery times stretched out. We are in a time of economic contractions with $5/gallon gas. The choice between gas to get to work , food on the table, and and a new play station is a no brainer for a growing number of Americans. People are tightening the belts and prioritizing.

The company's projections of cash flow were put out prior to the current inflationary environment. (fed raises interest rates by .75% - most since 1994) I am giving the company an additional quarter to do what they said happen in 2022.

Thats the best I can do for you - sorry
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