That is a fair assesment. Volume is a chink in their armor.
As I said in prior posts, there is something else going on down there. These guys are operating on "another level". I think that there is a strategy that is underlying.
For all we know this could be a play by Baccardi. (their largest production operation is in Jacksonvlle and Eiras is Cuban...)
I think that this company has been trading for 3 quarters and one month during the hardest time in the market since the 1930's and is still going. Says a lot for their business plan.