Q: Referring to your rather positive response to Gregory on DND results.
Wondering why you suggested removing it from the portfolio just before earnings when it was down -60% YTD already.
It was a 50/50 chance of being a good report.
Sheldon
Wondering why you suggested removing it from the portfolio just before earnings when it was down -60% YTD already.
It was a 50/50 chance of being a good report.
Sheldon
5i Research Answer:
We are not clairvoyant and did not like the company's recent finance moves, debt, or risk in the current market.