Profitable for the first time ever, future strategy is well-defined, margins are up ... I don't think the company is in any worse position so the sell down is unwarranted.
Only negative thing you can point to is the small growth in receipts, but if margins are up that means we lost some receipts from lower margin customers that were culled. Topline is great and all but profitability is king. This is not Amazon or Tesla, you need profits to keep growing.
The only way I'd be concerned is if future growth was jeopardized, but it doesn't appear to be. Military was mentioned and we're still waiting on revenues from pillows. Don't think we've lost any opportunities so not concerned about the small growth in receipts.
Everything's been getting consistently better over the last 2 years, it's a shame the share price doesn't reflect that.
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