Have owned MSLP for a long time... got it when it was a few pennies... and i think that this company is doing everything that it takes to expand way beyond supplements. There is a huge market for MSLP and i am holding... MP isnt going anywhere anytime soon!
I am adding some more shares. We have tested and held the previous low close of $9.75. Volume has dried up. Up coming catalysts are near. Now is the time to buy or add more to your positions. MP is going somewhere soon. It's called the NASDAQ. JMHO
I agree that now is the time to buy. We're nearing the end of the qtr, and there hasn't been any indication that the next earnings report will contain any of those multi-million dollar, one-time, non-cash charges that have clouded the picture in Q1 and Q2. In fact, if at the end of the qtr the stock is below the $10.50 at which Dr. Frost bought shares, I assume MSLP would show a one-time, non-cash GAIN on the secondary offering.
As you say, there are plenty of potential catalysts in the near future - CERTAINLY the launch of the Arnold line, PROBABLY Costco (although I suppose it's possible it could be delayed), and POSSIBLY the Nasdaq listing.
I have no reason to think Q3 won't again show strong sales growth, and the company indicated that Q3 margins s/b in line with Q1 after dropping in Q2.
"got in when it was a few pennies" is a misleading statement. Don't forget to mention the 1-for-850 reverse split in November 26, 2012. Accounting for that, then you are not really up, huh?
Not to mention the R/S reduced shares to 2.9M and now they have already diluted to 10M issuing shares for services like stinky pinky stock do. Enjoy.........