Am I correct that MSLP just released earnings yesterday? Also, did I read that sales increased over 200 per cent? Just wondering if I dreamed it, since there has been little or no discussion here about it. There has been much speculation recently about MSLP expecting to have good earnings yoy going forward. Is the recent double in share price due to the results of yesterdays news and expected further increases going forward? Would appreciate some response from the ones here with bonifide knowledge about the stock.
Well i got in yesterday after it tanked, thinking it was done and ended up losing about 8%. I'm still confident. I think this company is showing strong revenue growth and gross margin growth. On the the other side they are still operating at a loss and the liability side of the balance sheet also increased significantly. She seems to have settled in at $10 for now.
The supplement industry is very price sensitive...lots of consumers simply buy on a cheapest per serving size basis. I think MP is doing a good job with its marketing and quality to give them a competitive advantage.