Zeev's Turnips Patch-No Politics (ZEEV)

[Belgie24]

Zeev, IMHO the market does not like management not having a handle on the extent of gross margin reduction, as well as inability to have a credible idea of short term business. First they raise guidance, then they lower guidance, then they miss lowered earnings guidance - would have been better to not say anything at all than go thru that exercise. I'm ok with business prospects, but unhappy with management's communication with Wall Street and investors - perhaps that is what attracts shorts to this company?

As far as inventories, it sounds like they had too much product, and now have too little, and will have to ramp production up some again. Could be good for this year's revenue and earnings.