Actually, you and he are both ignorant. He doesn't know Seth, but you also need to realize that what Seth said Daniel said was what Daniel wanted said. Otherwise Seth would not have said what he said for one good reason. If Birnbaum didn't want it repeated and Seth repeated it, Seth would never get another invite to sit down with any SODA management member.
So, we know Birnbaum wanted the readers here to to hear what Seth posted.
What should we make of that?
What I make of it is that Birnbaum likes the rumors. Why? Your guess is as good as mine.
"In lieu of credible news.." This nor any of the other rumors are or were credible. Each of these"rumors" actually seems to keep the downward momentum going as the rumor is dispelled over time. It creates an atmosphere where the common belief has probably become that a significant portion of the market price is a buyout premium and otherwise there is no value. My 2 cents on the topic.
You just don't understand arithmetic, do you? The stock price has tanked for a couple of days. Why? You think anyone might be unloading shares? You think a $1 or $2 up instead of another down on a couple hundred thousand shares is #$%$? You're too stupid add up what is obvious. Someone planted each of the rumors we've seen, 4 or 5 by now. They do those things for reasons. $s, even just hundreds of thousands or a million here or there is real money sheet head.
The break this time will likely be up.I MO,There will be major positive news any day. If I am wrong we see 20s in the next two weeks. Best guess is $50 by 10/15. There just aren't any more sellers. Very dangerous for retail shorts.
The Bollinger band are squeezing the tightest they have ever been for this stock. There will be a major break, one way or the other, imminently.
Yes, you might be correct. At the least, the inventory overhang is over. At the most, maybe things are picking up.
One of three things are probable. Best case-They are working diligently to get deals done but just haven't got anything to tell us. Bad case-They aren't really trying or the GMCR/KO deal is stymying them. Worst case-They are working against outside shareholders to eventually buy us out cheap and just don't want to consummate deals that would move stock price up or are actually holding back news that would move price up.
Maybe you have some other scenarios?
If you look at SODA press releases you will note no press release announcing anything of any consequence since March 3rd. No new partnerships or new products, nada, not a thing. It is as if the company has gone into hibernation. I went back through 2011 and could not find any period that long without an announcement introducing a new product, a new partnership or presentation. Not even close to six months.
The question is why. Is there really nothing for this company to say or are they just avoiding saying it?
Curious , does anyone knows if that Samsung dispenses by the liter or can actually offer a continuous flow of sparkling water? A continuous flow would really be something.
Sales in the US is an interesting situation. I used to do a lot of advertising. It was local because my restaurants were local. I did lots of print, radio and a little TV.
Think of advertising like a nuclear chain reaction. If you control it just so, you might maintain the reaction in a controlled way, like a nuclear reactor. If you really push it you get a nuclear explosion. If you pull back, over time , the reaction comes to an end.
I believe, for whatever reason, that SODA made the error of allowing the reaction to slow down. In the USA, we have a very fickle market place. SODA has made a very bad mistake in pulling to far back on its marketing budget here right before SODA might have really exploded, IMO. Perhaps it was because of the bad Christmas, Scarlett pregnancy, West Bank issues, KO/GMCR deal. I don't know, but I do know that the benefit of prior advertising keeps adding as you continue to market and that prior value diminishes if you pull the plug entirely. I see this pulling the plug as a major error.
The video came after the rumor and showed Birnbaum indicating there were no specific plans for the West Bank plant. Strangely, the stock price has commenced falling since then.
Do you really think no one can tell that your screen name and Maxpain aren't the same person?
My guess is you have a couple more to go with those. The venom just drips from them. That's the tell.
I think it's odd that you believe there is any certainty to what will happen with that facility. There isn't no matter what Birnbaum says or what Seth believes. They will do what is politically best and economically best. The timing will be determined by those two issues.
For example, they will close it completely if a deal is reached with a partner or buyer that requires its closure. They might leave it open if it actually makes money and replacing its output is more expensive than leaving it open.
I don't think Birnbaum cares about how it affects the share price. His ego is too big to allow silly sheet like that to matter.
A possible explanation for why some shorts will not cover: Suppose you believed in the summer of 2011 there is a possibility that SODA will eventually either break out because its business model is incredibly successful or there will be a buyout. You feel the stock is way ahead of itself, so you lock in your profits by shorting the bulk of your position, perhaps hundreds of thousands of shares. You believe because of who you are and your connections you will have ample notice of a major breakout or buyout.
If you were in the above situation, why cover? Why not play it up and down or just sit with your short and its locked in profit. I think there may be a 4-5 million share batch held by those original institutions in on the IPO that are in that position.
Yeah, those old stupid billionaires. Even if they had billions they couldn't hire anyone who understands how this company works as well as Seth does.
Your post displays unbridled ignorance, arrogance and stupidity.