Expo Holdings Inc. (EXPH)

[Santa Barbara Broker]

It's good you don't care how EXPH earns their money as their only bottom line profit shows up when they have sold off assets or stock. This is irrelevant if you are just flipping EXPH shares to the naive at the top for a profit. I was just clarifing that the company does not earn any bottom line profit on selling cabinetry. They do however make 5-20% margins on the cabinets sales themselves. It's just that their G&A expenses are so relatively enormous they can't carry those margins through to the bottom line which is why they need to frequently enhance their reports with asset and equity sales. IMHO.

SBB