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Re: Whalatane post# 384266

Monday, 07/25/2022 2:25:32 PM

Monday, July 25, 2022 2:25:32 PM

Post# of 424560
K-

Would be gr8 if they limited purchases and really worked down their inventory

I belong to the minority (?) who does not have a problem with the management.... especially with RSUs / Options ... You can't get something for nothing.

I could recall two mistakes only (YTD):
- try to skip one level after SPA's rescindment
- awful inventory management (It is more like JT's fault ... no idea why ... maybe contractual)

It will be third if total inventory (short + long) was not decreased in Q2 - at least - by the COGS minus few millions. (e.g.: COGS: $28.450k ... inventory should be max. $384M vs. $409M at 3/31/2022 ... but - with this COGS - $380.420k is much better ... means they did not purchase anything.)

Best,
G

Disclosure: I wrote this post myself, and it expresses my own opinions (IMHO). I am not receiving compensation for it.

Notice: This post is not investment advice, and not a recommendation to neither buy nor hold nor sell.

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