Either way, not bad progress for a co like this in such a short period of time, especially compare to garbage like HJOE.
Ihub short crew winning here, no reason to give back another 30%. Dumped my house shares yesterday and today. Still made 200+% here all said and done. I was simply lucky to catch that pump from .07 to .32 with a few good trades along the way. Stock is acting entirely different now, will watch and re enter if/when things turn around.
I will say that the product is good, and I hope they manage to expand distributor base. The clothing line with the obnoxious MJ leafs needs to go, or atleast be more subtle. Only an idiot would wear that #$%$.
Not qualifiying does not really bother me, could have been a variety of reasons (crash, break, etc).
I agree though, sponsering a race car is not the most effective way to spend advertising $$, especially in that venue. If it were a Pikes peak car however, that would be a be a better fit!
Can't blame him for trying though, he is making quite an effort and has succeeded thus far. I wish them well.
I should add that I still do not think the Schena's are bad people, and did not intentionally mis lead investors. They may be the victims at some level, but comes a point (now) where they must assume responsibility for where we are and how we got here. What has been most frustrating over the past 6 yrs has been the complete lack of follow through, lack of information/explanations and what I interpret as flat out lies.
Yes we do have an idea, yes we have spoken to them, yes we have been told many things over the years.
And where are we now? Don't believe a word they say IMO, I promise!
I got scared out of shares down there too, then watched it go back over 100.
Worst trade I ever made except for a penny bio I am in the process of riding to zero.
Watching this one again...
Long since .07, several trades, riding house shares. I'm ignoring the short sighted/impatient noise here and letting it run back to .32
When I see stuff like this regurgitated time after time, it only means that you have not done your DD or looked into the past 6yrs here. This company is a mess and management is the reason. Shell after shell and lie after lie, never meetings objectives/goals/time lines. For those buying here, you may have a decent chance to make money, but you must sell any pop and never marry this stock!
Multiple here many times cheaper then AMZN,NFLX,TSLA, etc etc. Not to say that is right for any of them. 50x is nothing these days.
The action here lately though has been pretty bad, I'm on house shares but giving plenty back.... Todays move back down .13 tells me we will continue to be range bound, despite any positive PR's. Still finding some good strength here, could be worse - we could have listened to these liars looking to sell and bought HJOE!
I do believe we will see .32 again. It helps not too obsess over this MSG board. Just let em run and check back in a few Months - yr. A lot has happened here in a very short time, they are just getting started IMO.
You may be right, or wrong. With their track record it would be a miracle if any reputable entity would chose to do business with them. If you take the time to review the past 5 yrs you would understand, and look how many shares added in recent past. No healthy business with promising prospects would be in this desperate position. I used think they were the "victims". Now I know otherwise.
Game over here IMO.
Yea, they sure do. I can not give back any more profits here. I have had a rather miserable year so far and just want to bail for a while. I am sliding good chunk of 401K into cash, etc. Just tired right now.
See you in Sept/Oct. I think the DOW will visit the low 16's before 20K, gonna be ready to pounce if so.
I missed that dip into 7's, I should have had an order in as I intended to buy there. I'm afraid to buy after this pop, but we may be in the early innings of another monster move to the mid .20's+. Vacation next week, think I will put in an order for around .085 and just sit it out for now. I will not be watching any stocks during vaca, and am mostly in cash now. Feels good!
Sold most in May. today I bought AAPL, CSX, added EPD, FSLR to name a few.
Added big to 401K target fund and others too. I was about 60% cash since May. Am I early? probably, but I did side step around 1300 DOW points.
As perhaps the worlds worst investor, I expect the need to wait out this decision for years as the market continue's to plunge. I do have about 25% cash left, I'll dump that back in if we see sub 15500.
Sell this POS! Or you will give it back! You just caught a beautiful, neck snapping correction long here, get out and don't look back! Even better in IRA, but why does that really matter LoL.
Take the $$ and run - Now git!