Wes Harrell

Certainly it's a call to action for us.

We start to get phone calls from importers and we're also making outgoings to importers and basically anyone that we believe has paid a tariff since Liberation Day.

The market was oddly well-defined from a very early stage in this.

And one industry in particular, Wes says, was really into it.

We found that there was a decent amount of interest in the retail apparel and footwear market.

sectors, which I suppose makes sense.

The best rationale I can give is I think that they were acutely impacted by these new tariffs.

And they were looking for

The ability to raise cash immediately.

Price now is 40 is sort of where we're seeing bids shake out.

Things are very much in flux.

This decision was only just recently made.

We're still trying to shake out where offerings are coming in.

We're getting incomings from a number of different importers as we speak.

There really is no modern parallel for the magnitude of this unwind.

And I just don't see the administration turning around in short order and immediately issuing refunds.

Yes, exactly.

That's a great quote from today.