Look; let's cut the #$%$. I don't believe hardly anyone here did any real DD. If they had done real DD, whatever that really is, they probably wouldn't be here now. What got me in was Tobin Smith's NBT mailing about luxyard the fastest growing flash sale site on web; nothing else. I know him from FOX and so I took his word for it. Either he's an idiot, a stooge, or just gullible; but I figured he was a guy who knows things. So here I am....here...with the rest of the losers.
Anybody want to get burned by Tobin Smith again?
If so,go to PSON which is another POS he is promoting.
No revenues.Two employees.$55Mm mkt cap.
Karma will get him in the end.
It went up to @ $1.44.....back to the 90 cent range again in one day.
Look at PSON chart.Why don't these people get jail time?
Avoid like the plague!!!!!!.............Do not go long.....do not go short.You will get burned in either direction
There wasn't really any DD to do. It was a start up. You were investing in the business model. It was a failure. I'm not so mad about that as I am that this company does not communicate with the investors at all. IMHO I think they are all done. With no numbers coming out for Q4 which was the holiday buying season this should be a pretty good indicator that all is not good.
Yes well tobin Smith's newsletter get paid good , real Money for pumping these stocks. But I get two to three emails a day advertising there goods. Luxr could become an online store that makes it . Just too bad It may take too long for most of us to stay on.
You guys should take a look at the luxyard web store. It's a real joke. It's true that brick and mortar may be in real trouble, but all the well-known stores are responding to web retailers with their own web stores. Unlike luxyard they are all known. The amazons are unique in that they started it all. When I look at what luxyard is offering I ask myself, "Would I order anything here?" I think they should take that million bucks from the legal case and get a bunch of wheeled hot dog stands with those nice striped umbrellas. They could put 'em outside casinos and such and make a few bucks.