What are you laughing at. Clearly he's right. The support level is now about 19. It used to be 21, no 28, no 36, no 51, no 56, no 67 , but now, no doubt, $19 unless it goes below that. Then it might be something else. Any TA expert knows that.
Gotta be stuff we just don't know about. I said a while back that if it went to $18 it would go to $8. I believe that still. It's truly hard to believe we've seen this stock drop from $79 to $18 over three years. My sense is that SODA is on the verge of complete collapse, that none of management's plans and strategies are effective and that situation is reflected in the collapse of the stock price.
There is no current relationship between prior sale/earning performance and stock price. Therefore, we should assume something else is the cause of that price relationship to prior performance. The picture is very ugly. Don't expect yearend numbers to help.
Yeah, you're right. The target is $24 unless it overshoots $24 and the target becomes $30 or even $40. Any TA guy knows that.
Some of my bottles have now exceeded their use dates. They still seem to work okay. Anyone throw out a bottle yet?
We were wrong. Back in 2011 when I bought in I believed it made sense to buy what you understood. So I bought a starter kit as as I would a stock report.
I loved the product and believed this was a slam dump investment. I still use the same machine a couple times a day.
I was wrong. Investing in what you know can be a disaster.
I see people who still post here, Golden and others, who seem to act as if their thoughts a couple years ago don't matter. Golden and many others were completely, totally wrong. Yet they come here and act as if just because the stock has dropped 70% from times when they were still buyers, it just doesn't matter.
Don't pay attention to these false profits.
Don't even pay attention to me. Look at the chart. This company is over. In a couple years the last stop will take place. Buy out at a few percent or bankruptcy.
It's been real fun. I can tell by the look on your faces.
If it hits $18.50, it will hit $8.50. Should go straight up for two weeks unless Birnbaum gives us unexpected bad news.m The sellers are gone.
You see a pony in every mountain of horse sheets, don't you? I suppose that's a good trait.
Maybe PEP won't "fall" for it, but lucky PEP just got a free barganing chip the way I see things. This news can't be good for SODA, can it. And if you were PEP and interested, SODA interest could now be bought at $20-$25 versus $50 a year ago.
You need to realize that no one can believe that home soda is a necessity at this this point. There is no fear of being left behind, IMO. So, PEP can sit out there forever or eventually wait for the development of something as good or better than GMCR Cold. There will be competition. Hop[efully it will be SODA that does it.
There's been plenty of tax selling, for sure, on SODA because it has been down so much for so long. Expect a substantial bounce from after Christmas through about January 15 . Unless other news pushes it down my guess would be a 20-30% bounce from here, maybe $27. Any good news takes it over $30. This prediction is worth what you paid for it.
Usually stocks like SODA that have been way down have significant tax loss selling up until about now. You can see the erratic behavior as some sit with their brokers offing stocks they are just tired of, e.g. SODA, and just selling at market whipsawing it back and forth. This is a no brainer for a quick gain the first couple of weeks of January. That is unless Birnbaum burns everyone with another bad news notice. Short of that, we see $25, maybe even $27-428 by the 15th of January.
Odd, the timing on this article, given that in three days they would have been able to incorporate the earnings report and conference call into their article. Gives a paranoid sense that there was a reason to get this article out before that information was available in order to affect stock price before that news release.
Not a surprise. One of three things are possible.
1. No negotiations-no mention
2. Negotiations going on-no mention
3. There's a deal-already would have been mentioned
I guess the fourth would be no deal , no mention, but I find it unlikely that no deal wouldn't have been affected in earlier price movement.
You've shown often what real ignorance is.
You do understand that the sell through can't exceed the total sell in over an extended period of time, right.? The retailers can't sell what they haven't received in the sell in.
There can be cross overs where for some short period of time, a quarter, maybe two quarters, the sell in is lower than it might have been because inventories at retailers got out of hand, but it's been a year, actually 5 quarters since the sell in for Christmas of 2013 happened. You do get that, don't you?
A newbie, obviously. You just don't know how ridiculous your post sounds.
Think about it.
You have a company with falling sales, disappearing earnings and an earnings report about to come out. What could cause it to fall to $12 in the short run other than disastrous earnings? And then pray tell, what would then cause it to go to $35 over the next year or two?
It's now worse than the broken stock it was and still is. It's a broken company with a BOD that can't or won't bite the bullet and get rid of the current management.
I had plenty of conviction in the product when I bought in almost 4 years ago. It's management that I no longer believe in. They are an arrogant bunch who made the least of a great opportunity, IMO.
I also have very little at risk here, but still find the board a place to vent once in awhile.
My point was that PEP doesn't have as much motivation as you think, IMO. I don't believe for a second that KO bought into GMCR for homemade. They branched out into coffee and used their name to pay for their investment as a quick return. Remember, at this point the increase from about 80 to 130 has almost covered KO cost and they retain a good investment in coffee.
KO, DPS, PEP et. al. don't really believe in the Sodastream model, i.e. one liter at a time. They absolutely believe in the GMCR model, one cup brewed at a time. That's probably because it has worked for brewed coffee and for cold servings one can at a time in the trillions over the years.
You would think that SODA would accept this and create a machine to satisfy these guys. Remember, SODA is light years ahead of GMCR with regard to CO2 distribution.
It's hard to believe that a Sodastream machine with some sort of attachment, an adapter of some kind, couldn't be designed to do individual servings, but then what do I know about technology? What i do know is that management at SODA has taken the position that larger bottles make more sense. Perhaps, because they can't advance the ball on the individual serving, they need to take that position.
I wish you were right, but I doubt it.
Assume that GMCR is successful with single serve. The issue , what SODA and Cold is about, is homemade SODA. This has never been about health and never will be.
So, what matters is which type of system is the one that will eventually serve the homemade soda market, single or large bottle. If you believe this is the issue, then PEP is waiting to see or waiting for someone to come up with a single serve unit better or equal to GMCR cold.
SODA's position is single serve doesn't matter. I think they and you are wrong. Hopefully, behind the scenes they are working on a single serve shyster or multi serve system that will win that competition.
What its about is convenience at a reasonable price for the consumer. Lugging is a pain, but rinse, fill , chill and make is also work.
It's hard to believe how really dumb you are. You and the rest of the SODA believers have been told, by their actions, not their mouths, that KO and DPS believe single serve is the way to go. Yet, in your stupidity and arrogance you choose to ignore what those writing checks for hundreds of millions are telling you. GFY you as whole.
Yes,there has been a lot of that going around lately. I have an ointment I use on any divergence be it positive, negative or a neutral boomerang divergence. It will correct any of those issues.
You're pathetic. So, for years everyone overbought and now you expect people to believe that things aren't as bad as they seem. They are as bad, maybe worse. Look at the price. OMG, those dummies on the Street just don't get it.
If what you believe is true, then the prior growth rates were simply false, misunderstood, right?
How dumb can you be?
The company , more or less, writes off the USA, drops Scarlett, decides they need a new strategy, has decreasing sales projections and you think everyone has it wrong. You think it's sell through versus sell in.
$20/share says you're blowing smoke up your own are se.
You don't have to believe the idiot to believe Birnbaum is a failed CEO. You could look at the stock price. If you decided that the stock price was the doing of a fickle public, well then you could look at the failed marketing of the products in the USA. If that didn't convince you Birnbaum was a failed CEO, well then maybe you should hire him as head coach of the Cleveland Browns.
The company performance and stock price are good evidence of failed leadership. It's not like it's been just a year or even just two years or even just three years. It's time Birnbaum was replaced.
You've heard it a million times, expecting a different result from the same action done over and over is insanity and leaving Birnbaum in place is such an action.