it better, since it is the only chance they have of generating any money. surface is a joke. now they have to deal with the need to announce revenue. they have assiduously avoided discussing what revenue might be. that is a great danger here if that revenue, like surface, turns out to be comical.
dogma, what dont you understand? the market is at all time highs. reed shares are near all time lows if you account for relative performance and time value. chris reed is egoist and incompetent at best, and a liar at worst. if you invested with him when this went public you have been destroyed, all while he issues happy talk and sunshine at every conference. so, bottom line is your apologist nonsense about how great he is and how lovely the company is doing makes you look like a fool who works for reed. since he would never post here himself.
problem is his last several ventures failed. he may have succeeded with priceline, but there is no evidence i can see of success with the current venture. there simply isnt any information yet. i hope it is otherwise.
it doesnt work that way at deep discounters. you buy it there and never pay full price again.
jen doesnt have a clue how to build the core brands as is obvious. fountain will never be a success as the brands are not known (sorry 10 million in sales is what a couple good mc donalds do in a year). she is discounting soda at 7-11 and discounting it at sams while screaming premium beverage. does not work that way. and that is why the stock dropped on an up date with a sams club announcement. lack of confidence is mounting.
nice to have a relationship with sams club. not sure about the path toward positioning jones as a low cost brand, but hey, nothing else worked.
thank you . overall it paints a picture of a scam company putting out press releases of iimportance and grandeur while racking up credit card charges to keep the lights on. it should frankly be illegal.
chris the chlown is utterly incompetent and has done such damage to the brand and investors that the situation cannot be recovered. the brands are crippled. the kombucha is completely dead. 56% in 18 months? so it will take 18 months to recover the drop of the past one month. fkcu you chris and your disdain for the owners of the company who you screwed from the day you launched.
could announce that would benefit shareholders. shorts have to be feeling bulletproof. mygn is an ideal short. they are completely helpless. even with a billion in buybacks, helpless management.
that the negative opinions posted on the board have been the ones to listen to. seems like the ceo here does not ahve a clear vision of where to lead the company. going where the wind blows. you might call it a pivot, but i think it shows a lack of understanding of the business. this is getting grim.
good article, good catch. certainly this is a better endeavor than the previous businesses.
lol. you think he cares whether you live or die? this company is a vehicle for Nick's hobby investing, nothing more. in the few hours a week he devotes to this business he hardly has time to devote to shareholders. i hope upon hope that biglari takes the company away.
that would be laughed out of a 10th grade business class. of course, sales of the core products are below where they were years ago with little progress. of course, they had to turn to private label. what a marketing mess.
stayed at home in the barn. maybe next year we will see some initiatives in marketing the products. it will all come down to earnings as to whether the share price gets back up. nothing else to see here. kind of sad.
go look at the income statement for the first quarter. 3 million dollars poof.
the 2q will be more than that. you have a minimum 10 million a year burn and that will increase as marketing and distribution costs expand. so i think you will need to sell about 20 million shares a year at this point to yield enough cash. the company will survive. you have have to decide where and when you want to invest. it is ok to lose a lot of money building a company if the shareholders play along. you can always flush out the shareholders and start over with a bigger company. insiders survive, shareholders often dont. this is going to be a big building year for mnga. very exciting new relationships. but it will be very expensive to build. i dont think the stock will fall below the 25-40 cent level this year however.
every stock is a trading stock. cers is certainly being a trading stock. look at the weak reaction today to this news. the only reason for the weakness is the time involved. poeple dont want to wait in uncertain times for a biotech to get to profitability.
certainly a bad scene for the shorts on monday morning. however, i dont think that it will be all that bad for them. cers is not a fast mover and does not have strong street support. i hope that this takes out $8 tomorrow. certainly deserves it. it is tremendous news. removes the financial concerns of the trials and more. plus it is a big government statement that the technology is blessed. FDA has to pay attention.
i sold the stock. i dont own the stock. i made a profit on the trade, but comment because of the incredible performance of management while panasonic cant make UC's fast enough.