The trash is piling up in this message thread. At
these levels GEER still has fundamental value as well
as evidence of future growth prospects. Those of us
who are willing to wait will reap some gains in the
'longer' term which may only be months for efficient
valuation. Is it too much to ask that day traders post
messages that are in English and have some content.
caps? I listened to all this short crap on the
MALL Board when it traded under $10. I held it for 5
months and got out at 24, 29 and 42. (CR8ZY, I
understand you don't care how much money I made on MALL.) I
believe all small caps with good fundamentals are due for
a run as investors look for value. Some rapidly
become overvalued as did MALL. If GEER becomes
overvalued, on fundamentals, we can exit and let the traders
play with it.
This stock has gotten an incredible amount of
exposure over the last several days. I was just surfing
through some of the SI and other Yahoo boards and have
found a lot of mentions. Many people have put it on
their watch list etc... I think GEER will firm up
sooner than most people think.
start a discussion about the reasons wine is a
more viable option to sell over the internet than say
BOOKS. Sorry, I couldn't pass them up.
when Amazon.com started selling books over the net,
the big talk was how no one would buy them because
they couldn't look at and read them first. Everyone
said the the "atmosphere" of a book shop was important
to the the sale. Wrong. It just turns out that the
margins are lousy. Amazon.com can sell books, but can't
GEER is in a better positon I
believe. When I go into the local wine shop, they
certainly don't let me take a sip of each wine before I
decide to buy. (Sorry, no browsing allowed). As a matter
of fact, about the only visible difference between
one bottle to another is the label. Most store owners
know nothing of the product they sell, and have
resorted to cutting out reviews from vairous sources to
describe the wine.
There really is no point to
going to a wine shop at all if you can purchase it
through the catalog or web at a cheaper price and know
that the wine is of consistant quality.
Demographically, the web is a paradise of wine consumers. Many of
whom have already bought from Amazon.com, read this
board, and trade with an online broker.
the margins for wine are much, much, HIGHER than for
GEER's got a lot of good things going here.
Anyone who knows short behavior can predict this stock
activity and these posts.
Again, I remind readers,
look at some facts;
- fully legal wine seller with
website plus catalog
- predominently insiders buying
over past 6 months
- positive earnings
- price /
sales ration of <2
- new marketing VP w/ world
- press in CNBC, Barrons, Motley
Fool and others
- best qtr ever earnings due to be
- float of only 1.8M shares, and,
bunch of shorts who need to spread fear into the hearts
of recent buyers now while they can
looking for a l/t investment, stay put. And don't ever
sell "At market" and certainly not after such a down
Look at the 1 day chart. After early selling,
support level is held.
GEER may fluctuate down
tomorrow, it may go up, it may be bought out, sold or
anything else imaginable, however, there is no mistaking
this as a great growth stock with almost unlimited
upside and very little downside potential at this
Go long and stay long.