That’s correct. I have learnt to not trust the company, as the company has missed shipping guidance as recently as the last quarter (albeit by a small amount).
Each to their own, but I will continue to be very interested in what GXY is shipping because it’s the core of our revenue generation.
It’s important to remember that small changes to shipping dates have resulted in shipments and payments being pushed into other quarters, which affects the bottom line in the quarterly to the time of millions of dollars. It also undermines the confidence of shareholders and analysts. This isn’t a made up scenario either, it has happened this year.
GXY Price at posting:
$1.02 Sentiment: Buy Disclosure: Held
