and that only happened because of the elimination of the presidents salary!!!!!!!!! they would have lost $$$$$$ AGAIN, LIKE THE $200K THEY LOST THE PRIOR YEAR!!!!!!!!!!
You would have to look at that specific company's books to determine why they are making so little profit. The possibilities are almost endless.
Every industry has winners and losers. Some lose due to their own poor choices others due to circumstances beyond their control. I purchase from and invest in strong companies that know how to stay in business.
EWSI is a good example. Overall they are making choices to create a stronger company, so I will hold my shares and add more when I have any free cash. I have patience to wait for the growth.
There are always things people can point to as 'bad' choices in any business. It is easy to do so after the fact. It is much harder to be the one making those decisions with the limited information available at that point in time.
I'm still happy with my investment in EWSI. If I weren't, I would sell. The day I decide that I would not buy more EWSI is the day I will contemplate getting out.
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