$GOED needs to clean up that balance sheet and pay their obligations how are they gonna get materials if they owe the suppliers - and now with shipping costs and container gouging…..oh my! don’t get me started on the sales tax that is not their money
OK. I've been reading the conference call transcript and the actual 10-Q from the SEC website. For the time being, GOED's financial position seems reasonably sound. I'll read everything again when I get time and focus especially on the footnotes and small print.
One thing to note is the Q covered the period ending Sept 30. The port problems are worse lately from what I've been reading.
-- I'm guessing Kanen is continuing to unload -- probably 100% unload -- his GOED position.