Replies to post #85875 on Savvy Trades and Investments

[michael t]

vtsi I picked up a few after hours as well.

[hweb2]

Nice trading on VTSI. Stock spiked up to the $6's AH. Then pulled back all the way below $5? Don't get the selloff but I was happy to snag some.

Still trying to figure out the Q4 numbers. Obviously a tax benefit in there. But why were gross margins so high? Plus it sounds like there were a couple of decent size 1-time expenses in Q4. From the earnings PR-

Operating expense was $3.4 million compared to $2.3 million in the fourth quarter of 2019. The increase in operating expense was mainly due to a one-time $434,000 impairment in the investment in That’s Eatertainment Corp. (“TEC”), which was recorded as an operating expense, as well as a $307,000 allowance for bad debt on accounts and notes receivable.