I’m glad I’m out. It’s in the forever penalty box for me. An ironclad personal rule is when a company provides an outlook halfway through a quarter and misses wildly I run for the hills. There are really 2 scenarios
1. Management is incompetent 2. There were dramatic negative changes to the business in a very short period of time.
There is definitely an element of number 2 here. Not sure about number 1, but trust was broken for me on the last report.
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