Bullseye, gopher broker, you are RIGHT ON the Money!
You hit most if not all of the important observations from the Q3 report, IMO.
I do understand the "glass half full" idiom; however, I must say that we're not starting at half full OR empty. At this point, we're well beyond half of anything. At the current level of revenue and net income - which is growing NICELY (even before AutoNation and CarMax and other new channels have begun filling) - as well as how the balance sheet has been cleaned up and improved immensely over the past several quarters... I see the glass as much more than half full, and the glass is getting much larger every month.