In my opinion only it has been really quiet lately. Hardly no news at all. But there are a lot of things I have noticed. There are a lot of insider transactions. They are starting to buy shares of the company. That is a really good sign. They are selling a new product at Whole Foods. If you check out their website, you will see a lot of updates on their new products. If you read their article on Whole Foods it is like being on Oprah's list. I take that as a very good sign. It has been too quiet. Maybe is it possible that we get a surprise announcement or news soon. They increased their sales rep. Is it possible that they might even post a profit this quarter? When is this quarter due? All I know is that I will keep on adding shares until something breaks. Is it possible that this might be another Rite Aid underdog turnaround?
I think they are saving everything for the earnings announcement. They're going to let the numbers speak for itself and show that the turnaround plan is working.
Steve Jobs always said that - just focus on running the business, the stock price will take care of itself.
I wouldn't look for a profit this quarter, though they could always surprise and pull a rabbit out of the hat. I'd be more inclined to see a minimal profit just above breakeven next quarter. Right now the key is simply showing continued progress towards profitability.
The quarter ended March 31. The earnings announcement should be second week of May.