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REEDS, Inc. Message Board

  • ledopier ledopier Nov 15, 2012 6:52 PM Flag

    What next?

    Well that was an interesting day. After a violent fall in the first 1 1/2 hours of trading, it tracked along the 6.50 line for the rest of the day. Incidentally, we blew through the 50 day ma. To say I am not the least concerned would be untrue. And yet, nothing has changed. The company remains at sales levels where it makes money and is still growing at 20%+ a quarter, 12 quarters running, with no end in sight.If they hit $40 million in '13, as Chris indicated, that will mean roughly 30% growth for 2013. Kombucha continues to exceed expectation. It seems as if the only problem is they can't get enough out the door fast enough. Still waiting for it here in Atlanta. It PAINS me to have to give GT my Kombucha dollars.

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2.67-0.04(-1.48%)Jul 22 4:00 PMEDT