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REEDS, Inc. Message Board

  • bootz6666 bootz6666 Mar 27, 2013 11:53 AM Flag

    Amzn has no earnings....yet has

    235. Share price....reed. Will see. 25 to 30 percent. Higher rev for 2013 ,,,,great products too! And they sell !

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    • AMZN is a category killer...leader in its space...they have already made life hell for Good Guys, Circuit City, Radio Shack and Best Buy...along with big box and mom-pop booksellers. AMZN was doing 2.04/2.35 earnings in 2009/2010...and took a big drop to invest for future...next year estimate is $3.6. Management has credibility and has shown they can execute. REED began to show it can deliver when it reported its first profitable quarter and took the stock from under $4 to $8.82...it was priced for perfection...then investors find out production issues, raw material loss, PL business loss and heavy promotion cost.

 
REED
3.84+0.22(+6.08%)Sep 28 4:02 PMEDT