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ProPhase Labs, Inc. Message Board

  • o08o.ugh64w o08o.ugh64w Aug 12, 2014 9:46 AM Flag

    Out of here and never coming back

    Earnings and press release speak for themselves.

    Red ink to flow, lots more shares to be issued and thus dilution. More legal fees coming.

    Thanks for the gains/profits over the past year Ted - I really appreciate it, but I'm not going along for this ride with you.

    Good luck to all who stay - I wish you nothing but success with this investment and all others.

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    • you took the words out of my mouth. I thought the last quarter was bad.. this was terrible.. and no end in sight. You would think that all those legal fees would put to rest the issue for good.. but it sounds like it's the tip of the iceberg.. more losses to come.. more shares to be issued, no disclosure on the new upcoming product, with no idea of success. Sounds like the Cold Eeze brand is losing it's steam. The last few times I was at Walgreens, Cold Eeze wasn't even there!!! I gotta take my profits on this one and move on. I don't see this moving anytime soon.. will give me an oppty to buy back in many quarters from now.

      I have alot of respect for Ted.. but the direction of the company is too shaky at this point, as is their balance sheet.

    • I feel your pain. I've been in in for a while at an average price of over $1. While this wasn't the press release I was hoping for, I still think the potential for a takeout is there. Why else would Ted have doubled down with his share purchase a couple of weeks ago at $1.61. He could have bought it much cheaper or not at all. He needs to focus on settling the lawsuits and rolling out the new diet product line.

      Sentiment: Strong Buy

 
PRPH
1.37+0.01(+0.74%)Oct 31 12:59 PMEDT

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