Replies to post #34489 on Savvy Trades and Investments

[microcuptraitor]

If that note is legit then ouch!

Backlog of only 3 million should have been a big red flag, no?

[researcher59]

POLA - thanks for the link .... that's a brutal cut in 2017 revenue and gross margin estimates .... from $70M down to $30M with margins dropping from 54% to 42%.

Yikes, no wonder the stock has been acting like a dog. It's yet another case of where suspiciously bad stock action reflected bad news not yet fully in the public domain.

The declining backlog was the handwriting on the wall though and kept me away, but this outlook is much worse than I expected.

[dickmilde]

POLA How could they possibly know such a drastic change in expected sales without having inside information?