Originally Posted by
Ace
The fact that it's singles day and is the biggest sales event - yet QEX tipped off that current inventory levels is enough to service demand is a sign of diminished sales in my view. Infact, in China the sales run for the 11 days from the start of Nov. The reason we had such inventory was 1) Chinese preferred to buy stock already in China and 2) In preparation of Singles day. The fact that half of our inventory went missing yet we can meet demand operating on that...doesn't sound optimistic in my view.