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Can someone comment on this SA article which discusses "Inventory Obsolescence"?

I am not an accountant so I cannot begin to comment on the impact of balance-sheet fanciness on the recent stock gains. GMCR is a well-known brand and I am not surprised it moved as much as it did on this report of "good news."

However, I am skeptical of its recent gain and I am also highly interested in a more-informed opinion of this accounting strategy, especially because Rule Breaker's has recently recommended a HOLD after the recent earnings announcement. But quite frankly, the fall from grace has been extremely painful for shareholders. We deserve to know.
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