I wish I had your ability to navigate short-term trades—really impressive.
No doubt, this was a rough quarter. However, your statement that "It's really difficult to imagine a worse quarter for GSI" seems exaggerated. We've seen worse, like Q3 2023, with just $6.5M in revenue and a $0.5M loss. GSI's quarterly results have always been volatile, and that’s part of the game. In my view, the company’s long-term prospects remain strong.
Fair, but if you take the view that you felt they had turned the corner a year ago on the path to more consistent profitability metrics (I had) then it’s hard to imagine worse results than 98% less operating profit.
I wish I had your ability to navigate short-term trades—really impressive.
No doubt, this was a rough quarter. However, your statement that "It's really difficult to imagine a worse quarter for GSI" seems exaggerated. We've seen worse, like Q3 2023, with just $6.5M in revenue and a $0.5M loss. GSI's quarterly results have always been volatile, and that’s part of the game. In my view, the company’s long-term prospects remain strong.
Lol, this essay made my day.
"These guys are so far on the back burner right now, I can’t see the stove from here."
Fair, but if you take the view that you felt they had turned the corner a year ago on the path to more consistent profitability metrics (I had) then it’s hard to imagine worse results than 98% less operating profit.