It's mostly the Pences selling. Study the history of the co. Dennis is back as the CEO after stepping down for a while. I would guess he would love to retire except feels he is needed to run the Co. Anne is retired. They would probably love to enjoy the fruits of their labor. Hoow can they do that without selling? Why would you short this at this time?
Hi all. I'm a loooong time lurker, short time holder. Have always enjoyed poppleup's pumps, but was always concerned about this board's lightness on anaysis, so enjoyed your post. Seems like there have been 15-20 posts at earnings/announcement times, then just "my store was full of shoppers"/"dump this dog" posts until the next earning release. Like many, I bought because my wife bought... and bought... at CWTR. And CWTR's charts for the last 18 months certainly look strong. But I don't understand a couple of things... to say the very least. But what's immediately on my mind is: 1) why did they run a 50% off sale of EVERYTHING in their on-line catalog this week... not summer items, EVERYTHING. And this is the start of the XMAS shopping season!!! Are they trying to pump for the current Q? 2) Even though profits per catelog shipped increased, was the saving in cost of catelogs NOT shiped greater than the profits missed? As I recall (and my recollect ain't as good as it once was) catelog sales were down, but don't remember a figure on catelog profits. Anyhow, glad to be on board. (8->)
Sorry to reply to myself, but decided the answer to my first Q was that they needed money to pay for their new Xmas inventory... Hopefully, they just needed to clear space for new inventory... Anyhow, I'm in until at least turkey time.