Replies to post #197236 on Zeev's Turnips Patch-No Politics (ZEEV)

[jwalk]

Bit of after hours volitility in ZRAN too.

[JLSegal]

Zeev, assuming BSTE opens and trades below 30 tomorrow, what would it's new lower box be? And, if I may ask, are you planning on placing a low bid in pre market? I find the co's strong fundamentals intriguing. Although, (from my own previous experiences) the huge number of shorts does signal caution.

Interesting that ZRAN wasn't too badly beaten down in after mkt today. I've seen other stocks take a much more severe beating on such news. Perhaps this 'mercy' is a bullish sign for ZRAN?

[Belgie24]

Zeev, IMHO the market does not like management not having a handle on the extent of gross margin reduction, as well as inability to have a credible idea of short term business. First they raise guidance, then they lower guidance, then they miss lowered earnings guidance - would have been better to not say anything at all than go thru that exercise. I'm ok with business prospects, but unhappy with management's communication with Wall Street and investors - perhaps that is what attracts shorts to this company?

As far as inventories, it sounds like they had too much product, and now have too little, and will have to ramp production up some again. Could be good for this year's revenue and earnings.