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Wednesday, August 17, 2011 12:45:44 PM
That's where I wished DA would have just laid low and then bettered the original numbers, because when then are not met, some believe that they will not be met this time either.
If the track record is better sales then projected, that is good.
If the track record is does not meet revised estimates, this is not good.
BRAVADA International Ltd. (www.OnlyLeggings.com) (Pink Sheets:BRAV) announced today that it is increasing its third quarter 2011 revenue estimates from a previous revenue range of $160,000 - $185,000 to a revised $180,000 - $210,000.
So you are saying if actual sales number is 177K it is bad news right?
Answer=no
why... Three quick reasons
1.We would have exceeded original projections on low end by 17k
2.We would have made 77k more than the previous quarter which is almost double
3.and it is obvious that the CEO will not settle with mediocracy and is giving himself and team something to push for because he sees this Q's previous number (160K) will be easily met.
He is telling us already the 160K is no problem which is 60K more than last quarter. Dude!!!!!!
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