05-12-2021, 06:57 AM
I am going to get bit on a purchase of ARRY. Inflationary input and transportation costs are starting to get real if you can't pass it on to the customer. I am seeing it at HD as well. Lumber is to the moon of course. Constant price changes on even little items. Sold a home entry door to a customer on JAN 19th for $4950. I had a need to look the price up yesterday and the identical door is no over $5400. That is a substantial price increase for a discretionary item somebody can usually just delay the purchase of. I guess this shouldn't be amazing with steel up 300%, packaging and shipping costs up 50% in some cases.
I'll do more DD before I buy significant shares or sell a put on anything to make sure guidance is current enough. I am good with owning ARRY as they are profitable already but the stock is surely going to get hammered some more this week.
I'll do more DD before I buy significant shares or sell a put on anything to make sure guidance is current enough. I am good with owning ARRY as they are profitable already but the stock is surely going to get hammered some more this week.