So, read the above blog closely. Analyze all the logic (analysis) of Swsh. Of course, much of his 'logic' is outdated, useless. Result: He wants all of Harry's shares (of which he probably has none since he's logical and
completely bearish on this loser) at $1.80 per share. "Assuming" he was dumb enough to buy all the shares he could he is down 'only' 68.3% or so in just 2 1/2 months. Are we supposed to be 'impressed', Swsh?????
Maybe this person can run one of those bogus commercials selling a book on HOW TO LOSE ALL YOUR MONEY IN LESS THAN A YEAR at no cost on CNBC - you only have to pay the shipping. Totally laughable!
From #69 to #54 in one week, If Swisher keeps this up we will be at #1 in 4 weeks (+/-). That would be a truly impressive accomplishment, not something every every company is capable of!
Sentiment: Strong Sell
ok. Today the stock is 'plummeting' again. But I'm looking at the buy/sell trades. Interesting. Someone is buying 100 share increments (that's about $59 ave. trade - yes, a total of $59) and
gets stock up. Then, for example, someone trades 5,000+ shares on the SELL side. Of course, it goes down but off a higher base. I'll let you LONG guys figure this one out. This is just today's trades so far. It's manipulation but that's how the 'game' is played on Wall Street, particularly with WORTHLESS stocks like this one. This is why you AVOID NAMES LIKE THIS ONE!
Buying this stock is like 'throwing money out the window'!!!!!
Yeah, Harry. For people buying this stock these 'few bucks' is a lot of money. Oh, by the way, I see someone unloaded nearly 20,000 shares. Stock reacted and closed at the low of the day making ANOTHER all time LOW! I wonder how much this person had in the stock? Probably a devastating loss but got something knowing this is going to $ 0.00. This LOSER got as high as $12 per share when this facade was commenced (pre reverse). Now it's 5.8 cents per share. Wow!
Does one need any more examples of why this stock is a LOSER? Today, with less than 3 hours trading someone (or more)bought less than 300 shares and the stock pops almost 10%. Yes, that's right! 10% on less than 300 shares worth collectively about $ 210!!!!!!!!! $ 210........This is why you AVOID loser stocks like this. You can get killed even shorting a LOSER like this....
Now, today illustrates what a 'small float' entails and when there is NO interest among traders with this company. Today, a TOTAL of 2,400 shares on the BUY side creates an upside of over 8+% today. To demonstrate another way to look at this, this 2,400 shares equates to a 'whopping' $1,656 approximately total buy side for the ENTIRE day. So, $1,656 TOTAL gives current investors (a term used very loosely here) an 8+% upside. I guess it's good for the ego....
but NOTHING else.....Perhaps, all existing shareholders should issue say $1,000 orders and create substantial upside. Maybe you can get the stock above $1 again before NASDAQ issues the dreadful warning and eventual delisting.
A troll trolling a troll. Even a message board about Swisher is beyond absurd. How long before pmdkia chimes in to fight with his imitator?
Thanks for the vote of confidence, PMK. Can you share anything about the national accounts? I heard they have signed a large assisted-living account. I have been seeing more Swisher logos. One was in a highend steak and seafood account in Texas and Florida. Another at a Texmex chain with about 40 stores. Definitely making progress.
When is it not a good time to buy?
Do you see them releasing financials?
Name one national account that they have closed in the past 6 months? (they have lost several which I can name)
How do they plan to reduce the 100k they are still losing weekly?
Who in this industry (that has any talent whatsoever) did they hire in the past 3 years?
How will them fund their debt and losses over the next 6 weeks, and if they can't then who will pay the employees?
The bottom line is you should have gotten out of this a long time ago.
Sentiment: Strong Sell
Now is the time to buy. Huge national accounts being closed. Expenses have been cut and this stock is on it's way up. Ignore all the paid bashes and shorts. Swisher is about to explode. In a good way. Pennies make dollars.
Sentiment: Strong Buy
Not entirely irrelevant. My point was if Swisher's lease ends for some reason, the building/equipment, is still going to making product for someone. If ex Mt Hood folks get back into the business, or another local company needs a production facility. The Mount Hood reputation vs Swisher's reputation in the NW, it makes no difference who owns the entity, Swisher will not retain ANY of the business, and not have a base of operations in the NW.
But that could be said of other areas too.
What would you think of a stock that had $4,900 TOTAL on the BUY side for the ENTIRE day? Well, this is what happened with this LOSER. That was the ENTIRE day of BUY trading. That's about 7,000 shares TOTAL! Incredible!
Sentiment: Strong Sell
SWSH owns Mt. Hood, the entity, which is what has the value. Who owns the buildings they occupy is irrelevant. They are likely paying way too much for rent, those con artists have to make money somewhere!
Swisher did the same in Chicago and in NJ. Investors really are not that intelligent people. A lot of their employees were not too smart either. Giving up stability for empty promises.
"Mt Hood" is not owned by Swisher!
Check the business name registration.
The building and all the equipment are all leased to Swisher.
I can imagine a couple different scenarios that don't include the blessing of Swisher or the SEC.
Almyette is partially correct here. MT. Hood does have some value. However, that value is connected to the entire Swisher package and they are unwilling to see off parts of the company (to former owners or anyone else). The mentality is basically all or none. Meaning, if they sell off MT. Hood then they are conceding that they are not a national company and they would have to close up shop within a couple of weeks. If they keep MT. Hood then they are drowning that asset into bankruptcy along with their entire company.
I am not sure how clear I come across here, but the point is that if they broke off 10 to 15 different sections, then their value would be more than 12 million. But if they sell off just one piece then they are essentially selling the company for that price.
You have to remember that some talented reps here are just waiting to take their business elsewhere once the non-compete is no longer a threat (even though it already isn't a threat because they cannot enforce it).
The techs will get hit the hardest because they will be out of a job or need to take a drastic pay cut.
The correct thing to do now is to put the entire company up for sale in sections so that they sell it all off at once to many different buyers. But they won't do that because management wants to milk every last cent.
Sentiment: Strong Sell
If Mt. Hood were so valuable, they would have had no problem spinning it off already. It isn't worth ANYTHING unless someone buys it. Good luck with the SEC going along with it being sold off, without also taking on its share of accumulated corporate debt. Add that in, and it doesn't look so shiny now! If Mt. Hood does gets another new owner soon, those inbred Oregonians are going be at their last straw, and fleeing too.
Ecolab isn't just standing on the sidelines. They are blitzing every one of SWSH customers every day, promising better service and results. They long ago stole anyone worth taking.
The reason its all doom and gloom, is because its all doom and gloom.
There are some assets remaining here, but I think its obvious any potential buyers are waiting for the BK fire sale!