There is too many reports from different places for it to not be true imo regarding schedules being behind. I think someone mentioned that PLS have doubled the workforce from 300 to 600. Was this always the plan or was the planning bad and is this a lot of extra expense that will have to be spent to try reach the timelines?
All I have to go from is Paragon reports, increase in short positions and joe Lowry reports and if you put all those together it seems obvious timelines won’t be met. Paragon claims they will struggle to reach output quotas but I’m not sure how they can say that.
Also some people see the DSO as being an advantage and it may be but I think it’s more of a necessity right now to make sure they avoid another round of raising.
PLS Price at posting:
80.0¢ Sentiment: None Disclosure: Not Held
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