It was the first time I had bought several six packs in 4 years. They were on sale, but that wasn't the reason. Simply put, it is harder to by Sodastream products, the ones I use, than it used to be, and it just doesn't seem worse the struggle anymore.
If I try Staples, I might find a flavor or two I want and the same is true at Target or BBB. It used to be easy to find most of what I wanted at any of these places. Not so today.
I might be an exception to the typical customer, but I doubt that. My sense is management is like the Dutch boy with his finger in the dam when another leak develops. The strategy doesn't seem like a hard wall but rather it's made out of silly putty.
Hey, I could be wrong.
Why would you believe this?
So far, SODA has left a relentless two year record of failure. So, how do you come to the conclusion that will change? Given the continuation of the current management, isn't the opposite more likely? Perhaps the market is not that complicated and SODA's march toward oblivion is confirmation of the obvious.
It is $520 million. Do you guys remember that Birnbaum said $1 billion in 2016 two years ago?
How is it possible that this schmuck is still running the company?
He should be cleaning bed pans in Iran.
Give it up. The BOD is as feckless as Birnbaum or he would have been long gone by now.
He has been a total failure. Who would deny that except perhaps Golden?
The company has no prospect for operational success, only a small possibility of selling its assets or itself for something a little greater than its current market value. That's why its current market value is where it is.
I'm embarrassed to say I once believed in this company's possibilities.
It's not manipulated. This happened before without manipulation. Losses lead to more losses sometimes just because of market conditions. When Aubry got stuck several years ago we all got hurt as he sold millions of shares to cover his margin losses. This is what is happening now. It is oversold not because it is worth so much less but because those selling need to sell. Soon, hopefully, they will be done and the stock price will rebound dramatically, and not over many months or a year but over weeks and a few months.
Your response is interesting. Instead of telling the poster why he is mistaken, you insult him by questioning his "understanding" of things. It would be like me just posting that you are an arrogant sob rather than explaining what you do that makes you that way.
Speaking of useless information, you just gave us useless information about useless information. Thanks so much to you, too.
A month ago I ran out of CO2 and stopped at my Staples, where I have picked up my 130L CO2s for a long time, to get some. They were out of 130L, and I picked up a 60L. Friday I tried again and they stilled hadn't received their shipment. So, I decided to drive about 6 miles to BBB, which I did yesterday.
The guy who took care of me wasn't sure if they had them because the place they normally were only had returned units. They searched and found them and I got a couple.
I also couldn't find at either Staples or BBB diet energy drink and both places had low levels of choice.
Guys, it's June 1 tomorrow and yesterday it was about 80 degrees.
My sense is that management is either now incompetent or that management has pretty much given up on the USA. These were the first instances of not being able to get my CO2 and it happened twice. Usually at BBB the employees were always very knowledgeable about product and use. This time, not so much.
I still retain a small amount of stock in the hope that I won't miss the boat completely if things ever turn, but I believe that it's very unlikely if the company can go into summer with such low stock at major retailers.
I know the above is anecdotal, but when you add up enough anecdotal you have a trend.
I actually didn't call you an "old fool." I suggested that you were acting like one to not recognize the failed efforts of SODA. Nevertheless, I apologize for suggesting you were old.
So, I should presume you sold all your long positions in SODA yesterday and are content with the progress SODA management keeps making.
Yeah, I believed SODA was a game changer. I think even KO believed that and maybe still does. They just chose GMCR to take to that dance. However, they are probably also wrong. Even really smart really rich guys can be wrong.
But, you, you're never wrong. Anyone who would suggest such a thing is just bitter or a basher
Burgh is right and you know it. You don't need to be a spinmeister to talk about the horrid results SODA has had for two years. Their plans have failed badly and now they believe, perhaps just spin, in a new plan that in my opinion has been created to lengthen job security for insiders.
SODA is down to the point where perhaps the CO2 division an a limited manufacturing division to sell soda makers can become some minor division of some small appliance company.
It's over. We all have suspected as much for quite some time. So, if your here because you find the company of some here to be comforting, well okay, but don't act like an old fool.
You should be asking if KO now regrets its investment in GMCR. The concept of home made soft drinks has failed in the USA. I don't think it's because of liter versus single serve. It was a novelty idea that just hasn't taken hold because of the ease of buying cans in a 100 varieties any where anytime.
So, what you have left is a seltzer maker that has a very limited revenue base.
Therefore, I predict, GMCR will meet with the same failure as SODA, only faster because everyone that owns a Sodastream is already aware.
Pep doesn't want SODA. PEP wants something different and better than what SODA can offer. Reminds me of a guy who keeps a lady around not because he wants to end up with her, but because it's better than having no one around.
What the girls mom would tell her is that if he was interested he would have already proposed.
What I'm telling you is the same for PEP. If they wanted a deal with SODA, it would have happened long ago.
It's sad, but just the logic of what is.