GLGI -.04 to .38, the new equipment was capitalized, but probably some associated expenses were not, especially new employee training .... mostly though I think the gross margin pressure is still coming from raw materials as it was last quarter - higher polyethylene prices. Hopefully they will pass that on to customers in the long run.
It will take patience, perhaps over a year, but I think this stock will eventually trade back near the all time high of $0.70. jmho
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