And so begins a new day of, apparently, more of the same..
1) Rate of increase in Facebook likes has slowed to a (relative) crawl
2) Arnold Iron surged up the BB top 50 initially, then dropped of it altogherth. Now it is FLYING back up - currently at #15, it's highest-ever spot.
3) The Arnold brand has moved back up to 11.
absolute destruction to the stock price. Has EVERYTHING to do with management. The brand and products are running well, but the misuse of shareholder trust has destroyed value. The good news, if the price gets much lower it will be a buyout target. Revenue at $100M+ and market cap at $60M, someone is going to figure out a way to make a profit by taking these guys out, just won't at a good price for anyone who's been in MSLP for the last year...no chance of uplisting any time soon.
I don't get it. I got into MSLP over 2 years ago because I believed that once they penetrated the market and took a good market share they would become profitable. Now that they have the market share they continue to keep piling on costs. Maybe with the news that some people in management have bought large quantities of shares they will actually start caring about the stock price, but at this point it all seems like a long shot.
This should be a strong buy-out target in the coming months... $66m market cap for sales in excess of 100m. If someone at MSLP just understood that long-term they're personally better off running this thing the right way, then we would not be discussing these levels.