>Sal you and Richard are Johnny come latelies, where were you bright and all know people when the discussion was in progress?>
What? I don't know about Richard, but if you've read my posts, you'll see that I said I was indeed looking to get back into USRX, but I would NOT do so ahead of the earnings report. And even afterwards, I would accumulate the stock (not buy it all at once).
In other words, I was and still am cautious.
>No kidding, there was never the real chance to front load...was there? Being the first qtr. I don't think so, now this next qtr. you bet there is!>
Do you know what "back-end loaded" means? It means that a company rushes a bunch of shipments near the end of their quarter (it doesn't matter if that's the first, second, third, or fourth quarter), so that they'd be able to meet their earnings estimates.
I don't know if USRX intentionally did that or not, but on the call, they did admit that they pushed a lot of inventory through the channell in the last two weeks of December.
Sal Habash |
