Zeev's Turnips Patch-No Politics (ZEEV)

[BuzzOnDaBeach]

Zeev, I've followed PMRY for about six months. I like the improving margins in Q2. Their issue has always been much lower margins than the industry average. They have the new contract in place signed in q2, however, which should continue to grow revenue. I'm concerned that whatever the issues with their new accounting system, it will result in some large one times in Q3, thus the delay. I'm holding for now as can't see selling here for a 20% loss, and will average down for the DCB then look for an exit that either minimizes loss or turns a small gain. The company has a ton of revenue and will rebound at some point. Maybe Jan. Watching for a stable bottom first.

Buzz