Looks like the double-top is in. This failed breakout is textbook kiss of death. Combine that with the king of losers - Matt Margolis - gloating yesterday on Tweeter that his call to buy ABRW at $1.92 was correct, and you got a multi-kiss of death. WOW!
And excessive debt acts as a suppressant on the P/S ratio. That is why companies in this industry with comparable Debt/Equity to ABRW have a P/S ratio under 1. So when portfoliomangler tells everybody that the stock should trade at a P/S ratio above 3, understand that he is ignoring the balance sheet in making that pie-in-the-sky leap.
You're not going to convince anybody to buy this stock by ignoring the subject. It doesn't take much to stump you I guess. Oh well.
Being right 9 out of 10 times is not a bad way to go through life. I'll take that over Mark Gomes, who is wrong 9 out of 10 times. He suffers 9 catastrophes for the the thrill of catching a unicorn. And on the rare occasion he guesses right, he only gets a double or triple at best because he's constantly trimming his position on the way up.
So, the package arrived early. I was happy about that. These were big cans - like 23.5 oz. each. Not sure if that's the packaging they normally use in retail stores. Anyway, I cracked open a can and poured over ice. It was very mild in taste, and the blueberry flavor was so muted that it was effectively absent. I think anybody who buys this particular flavor expecting to taste blueberry will be very disappointed. I fear they will give up on trying another Xing flavor due to false advertising. Furthermore, the only real distinctive accent to this product was its aftertaste, which is hard to describe in any way other than to say it tastes like a combination of shoe polish and dish detergent. And I never could cozy up to it, so I gave up drinking the first can after several sips. The hard question for me now is what do I do with 7 and 1/2 cans of shoe polish?
I agree. And you'd think portfoliomangler would thank me for explaining why this stock is not worth more than $2.00 based on fundamentals. He's been scratching his head in frustration ever since the stock sold off after the LD Micro dog & pony show (like I told him it would). He still can't fathom why this stock isn't currently trading at $5.25. He thinks the entire market has it wrong except for him and a couple other professional pumpers like Matt Margolis. LoL!
Selling Bucha in rich hippie towns is easy. Let's see what happens when they try to take it mainstream. Has this company done any mass market research for their $3.99 bottle of wonder juice? I doubt it.
I just want to hear you say you'll be holding this stock for the complete round trip. LoL!
It's not too early to consider the impending transition.
"...all brands recorded their highest month in history last month."
Yeah, but for all we know, June '16 could have been higher than June '15 by 0.5% and still be a record. We will never know, because the company is hiding something. These guys are playing games with the numbers instead of telling it straight, and investors hate such lack of transparency. Just another reason why the stock can't break $2.00.
Meanwhile, portfoliomangler keeps scratching his head. He can't believe it's going the wrong way, and can't understand why. Hahaha!
I already told you what it tasted like. Mild tea flavor with almost no blueberry taste. And a funky aftertaste that reminded me of shoe polish. How much more descriptive do you want me to be to prove to you that I tasted it? Sheesh.
That guy is BAD news! He valuates all stocks solely on P/S ratio. And like I said in my previous post, like all bulls, he fails to include REED in his basket of comparable beverage stocks. You can't cherry pick like that. Because if you do, you could mislead yourself toward a disaster. Look at his most recent article, in which he advised his readers to buy HOTR last year at $2.00, claiming that it too (like ABRW) was undervalued by 80% BASED ON P/S RATIO COMPARISONS. That's right, he said the exact same thing about HOTR that he is now saying about ABRW, right down to the 80% undervalued figure based on P/S ratio. And guess what happened? The stock did not go from $2.00 to his price target of $6.00. Instead, it went from $2.00 to today's price of $0.44. So, bottom line, he offers the same kind of analysis for ABRW that he performed on HOTR. You be the judge of his success. Buyer beware.
At least now we now why the stock popped today in the afternoon, due to that guy's SeekingAlpha pump job. Thanks for pointing that out to us.
I don't know why portfoliomangler keeps coming back to this board just to get his face smashed in again and again. He really is a glutton for punishment.
So true. This explains Joe's willingness to believe everything Willis says he can do. Joe's willingness to blindly accept everything that a con-man says reveals a deep deficiency in his critical thinking skills, extending to every aspect of life from the political to the economic.
Only 11 months left to reach your $5.25 target. Are you getting nervous? That wall at $2.00 was built to keep out dreamers like you. How does it feel to be on the other side of a wall, Mr. Trump fan? LoL!
It doesn't look good. I knew there were problems with this company as soon as the CEO said he will never give guidance to investors when he spoke at the LD Dog & Pony show. This CEO is so stupid he doesn't even realize when he's handing out red flags on a platter. This stock is a red flag smorgasbord! LoL!!
That guy is the perennial kiss of death. He never misses a chance to put his foot in his mouth. Not only is his fundamental analysis lacking objectivity, but he has no concept of market mechanics. I noticed that the ABRW website created a link to Margolis's Seeking Alpha article in their "Media" dropdown selection. #$%$? What kind of a company publicizes itself by way of a Matt Margolis Seeking Alpha article? This is getting downright loopy here folks. Watch the pump.
Well look who's back. It's the doofus who left this board three months ago without saying goodbye. And look what brought this cockroach out of the woodwork again - another desperate pump PR that tells us nothing new. Absolutely Nothing! They've been saying "we're in the final stages of closing" for over a year now! Do you get it yet, doofus? You're being played. Everyone knows it except for you. LoL!