careful

I was a long term holder but sold after observing several directors selling off great chunks and then seeing reports of rising expenses.
Last night announcement forecasting an increase in revenue should be read with care.
Note: revenue forecast is only 5% increase on poor last year, but more importantly they do not mention PROFIT. Oh sure they allude to a 'possible dividend' But they have had a lot of expenses this year in moving to a factory and chasing those education orders plus revigorating their channels.
I can not state catagorically that they will not make profit this year, but my bones tel me they are telling us all the truth.
Bottom line: be careful during June's tax loss selling on this one.
Cheers,
R,
Other views and news welcome