I am betting on the opposite as the announced shift in customer focus strategy doesn't make sense at all. In fact the company needs to grow its revenues regardless of short term margin improvements. Cutting back the addressable market simply looks like a bad move longer term. The company has been able to generate cash last quarter so clearly there has been no need to accelerate the path to profitability in exchange for superior growth rates.
Chris - good seeing you.
You and I know well - what happens when the company turns to profits from losses - TSLA, NFLX etc. And don't forget VIPS too - as most of the gains steadily came quarter after quarter of improved margins and profits.
Tomorrow DANG may open negative but likely close positive by day's end. DANG's future has suddenly improved with the bottom line improvement .. If the margins continue to improve, Q4 may be a profitable turnaround point for DANG ..!
It could be positive tomorrow .. its about the future .. stock prices reflect the future ..
with announcement today, don't you think DANG wants to be profitable SOOOOOOOOOOOON - may be in Q4!
Come Jan 2014 - what do you think the price of the stock when it is expected to make a PROFIT!