I'll be tearing through numbers tonight trying to get my mind around the specific trouble areas. Interest expense was definitely a big nasty chunk this quarter. Rates have increased 4-fold in the last 18 months - and they've put themselves in a position where an equity issue wouldn't net 1/2 of what it should while at the same time punishing us through dilution. None of the segments is a true cash cow so I just don't see how they're gonna get out from under the debt anytime soon. I'd REALLY hope JK addresses how they plan to get the debt down tomorrow.
Bison - you can reduce my GATO holdings by half. Those shares are in tax deferred accounts and I'm going to start day-trading the crap out of them. I still like STKL - but I'm in the pissed-off camp when it comes to these results. 0.05 I could have handled, but .04 is just plain BAD. I also second the earlier post stating that mgmt had best NOT be bonusing themselves this year. JK better have one hell of a tap-dance prepared for tomorrow morning (and if SGA was due to high severance given to headcount reductees in the warehouse consolidation, that would be the final straw for me and the I'd join the dark side)
damn - I honestly don't know which sentiment to choose here...I'm 1/2 hold and 1/2 take advantage of every weak hand out there and damn the torpedoes.