Recent

% | $
Quotes you view appear here for quick access.

Stanley Furniture Company, Inc. Message Board

  • hieronymous_blat hieronymous_blat Mar 29, 2014 11:54 AM Flag

    OT Microcaptrader

    SLGD just came out with annual report. The stock got hit yesterday on big volume, but I think that was nervous anticipation, as the report came after the bell. I thought it looked good -- they cleaned up the balance sheet a bit, increased sales and turned a loss into a gain -- but I don't have much talent for reading between the lines. They have a gadfly shareholder who has been holding management's feet to the fire, so perhaps there is some smoke and mirrors in the report to shut him up. If you have a minute, could you take a quick look and render your opinion? I tried to post a link, but you know Yahoo.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • The only red flag I see is a jump in inventory, which they want to claim is in anticipation of increased sales. Last time I got subjected to that was some years ago in CROCS, and I took a pretty big hit. The CEO used the same justification, the skeptical shorts jumps all over it, and the company proved them correct when it failed to deliver.

 
STLY
2.98+0.01(+0.34%)Jul 1 4:00 PMEDT