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CEOs

05/24/19 3:00 PM

#19729 RE: Sammo1970 #19728

Matt said the last two stores were tied up with city bureaucracy. That’s all....think of it how you will.
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Inspector121

05/24/19 3:06 PM

#19733 RE: Sammo1970 #19728

Yes, hopefully they expand beyond CA soon. Every time I see or hear news from CA it makes me glad I'm not there. AZ and FL would be better suited to INND's biz model.
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CorruptionFighter

05/24/19 3:09 PM

#19734 RE: Sammo1970 #19728

Well said Sammo.

INND's past experience building out the retail hearing aid store model in CA is very beneficial. They realize the economy is strong and labor is tight; however, they know what they need from a personnel standpoint to get the most out of each location. I'm optimistic they will navigate the hurdles they face.

I do like the new Pleasanton location. It's a well visited medical facility in a growing city surrounded by other growing towns/cities who have a solid affluent base of retirees who will need a good hearing aid store to service their needs.

For those investors who don't know the Nor Cal market, it may help to map and see where they are placing their locations. They are being strategic and have a plan.

A little surprised our volume is low today as the SP is in a great accumulation spot. I've been adding for 9 months and will continue as it makes sense and hold for a year to watch this play out.

For all INND longs, hope you all have a great holiday weekend.

For those in CA, hang loose!

Peace.
CF