Today the trap door opened. It was just a matter of time.
It doesn't look good. I knew there were problems with this company as soon as the CEO said he will never give guidance to investors when he spoke at the LD Dog & Pony show. This CEO is so stupid he doesn't even realize when he's handing out red flags on a platter. This stock is a red flag smorgasbord! LoL!!
Just checking in on my favorite baggies. Remember, there is a local suicide hotline in your time of need. Don't let a false prophet and con-man like Mark Gomes destroy what's left of your life. Good luck and God Bless.
In which he talked of building new Bucha manufacturing/distribution plants across the country to bring Bucha transportation costs down. Is that strategy still in play, or has it been superseded by the distribution capability through the Xing acquisition? Investors need to know.
Who is running this ship? LoL!
He declared this stock was so undervalued at $.34 that it was "poised to triple". That was over a year ago! So let's see -- has it gotten any closer to his $1.02 price target yet? Oh wait -- an even better question -- is this stock any higher at all after Gomes recommended a strong buy at $.34 over a year ago? What a loser pick this was. Just like all his other loser picks over the past three years. GLUU, DLIA, AERO, MATR, FIT, ITMSF, etc.... all massive losers! Nice job Mark! Good thing you bailed on your paying subscribers when they needed you most. Real class act you are. Less
These guys aren't dead yet, but the stock sure acts like it is. Needs more transparency. Hiding away the Tek-Fit sales inside of "Trim" isn't doing them any favors. Nice increase in gross margin % as a result of cutting zipper mass merchandise sales. But was it on purpose? If that is their strategy going forward -- to drastically slash unprofitable top line sales -- then SAY SO! Need to explain what's really going on here.
Who is going to hold Gomes accountable for his statements? He's like Donald Trump. He makes pie-in-the-sky predictions and they never come true. And he gets away with his lies by saying he never made those statements, or that's not exactly what he said. Like Humpty Dumpty, his words mean only what he believes they mean in his head. Total fraud.
Ok beach squatter. Here it is, back in the teens like I called it. Are you going to come out from hiding or are you busy selling your body to pay off loans?
The company states that:
"... Bucha's proprietary production process facilitates ambient shipping without product degradation of live probiotics"
Question: Has this claim ever been substantiated by the FDA or any third-party examiner?
I told you it was going under $5.00 when this stock was in double digits. Now get ready for $2.00. Be patient, it will get there.
Too bad Gomes recommended to buy MATR at $6.05, not $3.50. And that was over two years ago. Dead money for his paying subscribers. Why are you trying to cover for that con artist? His highest recommended pick for his PTT Research newsletter was GLUU. He recommended it three years ago at a buy price of $3.30. Today it is $2.20. And that was his best "no brainer" pick for the long-term. In fact, he said to short the S&P and keep holding GLUU for the long term. What a disaster.
By the way, I'm not the one charging my readers $2,500/year for my picks, like Gomes did with this POS stock. He should be ashamed of himself.
I said short VUZI at $7.00. Eventually it's going to $2.00. Meanwhile, Gomes said buy MATR above $6.00. Sorry for your losses.
They squeezed as much money out of this POS as they could. Now they left a trail of suckers in their wake, holding the bag. Well done, pumpers. Good luck luck on your next scam -- if you don't land in prison first.
It just breached the 50-DMA support intraday. Now we'll get to see how much enthusiasm investors really have for this stock. Traders will be closing out their positions if it can't retake and hold the 50 this week.
They finally issued a proper press release -- 72 hours after the new symbol was actual activated. Wow, these guys are really on the ball. Scary.
This management team is out to lunch. LoL! Not surprised.
Meanwhile, portfoliomangler keeps scratching his head. He can't believe it's going the wrong way, and can't understand why. Hahaha!
If you're lucky to get a $1.00 bid.