increasing inventory doesn't equal making money. It just means more of their cash is tied up and if they don't have a buyer for this technology commodicty type of inventory soon it will depreciate and reflect as a loss.
If their inventory was something whose value remained stable or increased then increasing inventory is great.
If you have any type of commodity inventory which applies to almost all types of tech inventory, it depreciates quicky so you need to keep you inventory lean and play hot potato with it by turning it quickly.
Also...is Zoom more legit now at $1/share...or back when it went to $14/share? I'd say they are more legit now. It's been a slow deal but shareholders are finally getting more insight into Zoom's operation.
I thought Patrick gave more infomation in the Q&A than Anthony ever gave. As a long...I'd rather hear the truth even if it's not good news. The Chinese government stepping up and giving both Zoom & Spreadtrum funding is a huge positive. China has incentive to see Zoom exports increase and seems they are doing what's best for both their country and Zoom.
Laker...it's why I sold several thousand shares a couple of months ago. Those shares were priced from $4.50-$7. Bought them back for around $1...thirty+ days later. Now I have that 20K loss on the books to offset my gains from other stocks and my average is below $3/share.
I haven't added to my position in a long time, several months, almost entirely in long term positions on this, then I will consider selling for tax losses. Still hold a lot of shares from when it was at $5+ though. So there's that. Sigh. Well, it's like the blackjack tables, sometimes you get good cards, sometimes you don't. It ebbs and it flows.
I went with a longer term play MBND adding 15k shares...so it's not a small position for me. They are in the process of buying out my MDTV shares. Less than .1 X revenue. It's been ugly...but I figure Apple wants in on the cable plays now.