Seems to me there were a lot of fortune 500 companies that missed on there earnings estimates last year. I guess it had some thing to do with the economy, duh!
LTDI is a small manufacturer and sell to a niche in the boating industry. If you had told me 2 months ago that I would be holding stock in a boat manufacturer I would have laughed at you, because I feel that market is bottoming out but not quite there. A company like LTDI sells a product in a market that is very limited. Offshore high performance boats are not your typical boat.
I have lived in Florida since the 60's and believe me the people that are buying these boats are few in comparison to the average boat purchaser but they have the money to buy the hot boats and always have. The market in S. Florida alone is still strong and a small company like LTDI can do very well because of there size.
When you are small it is much easier to increase your sales by big percentages each year. This why I own what I own in this company. Two years from now the productions numbers from last year will be a joke.