Annual net sales increased 28.1% to $297.7 million
Didn't Rick Alden say few weeks ago that their report will be in lower end and the price of the stock came down (this happened after two downgrade by the analysts)? The company report is not bad for 2012. I thought the stock really should go up when I saw "Annual net sales increased 28.1% to $297.7 million". I got happy for a moment. What should really be the price of stock if they have -0.25 losses next quarter?
I believe Allan wants to be very careful. I don’t think the next report will be bad. The international sale was good and they are not dependent to get money from IRS.