here is a different take on it. (looks like a lot of money to me relative to market cap of the company now btw). would a company on the verge of filing bankruptcy sign a comp agreement like this? granted it would be a chapter 11 reorg. not a liquidation. seems to me that it is a fairly confident move by the company that they are not going away. but there is so much insider game-playing here and apparent dishonesty, i can't tell fact from scam. it is a move by the new ceo, i assume, to put a team in place that he is confident in. or its another back door pay-off?
shhh, stop with the facts.
look, the most important thing to the executives in public company is to ensure the salaries are paid. after that it is all gravy. for prior management, it was a huge success because they got paid. for shareholders, its a different story and the interests don't align except seldom. can pure make some sales, sure. cost per chicken will be low and i can see it being adopted. however, the largest restaurant chain in the world is only worth 2.5 or million dollars it seems. they say the whole market for disinfectants is 2 billion. honestly, it is a tiny tiny market. they will have to prove this is worth pursuing from an investment perspective.
i have owned the stock for 15 years. go back on the board and actually do some research. pre split #1 and pre split #2. i believe now i won 600 shares for each 100 i originally bot early on and added from there.
any other insights you have?
sorry, but that entire analysis is just flat out silly. i mean please.
"no competitor will ever have a hope of being competitive in this area."
i get that you own shares, but each point you make is like a hopeful little fairy tale. btw. would a big long position in a stock provide downward pressure?
nowhere does anyone say that. that is fictional. the rollout it appears is fictional. i expect the revenue numbers are also way high, unless the sdc is established as a protocol for cleaning. then think about the math 25,000 stores doing 2.5 million in sales? that is $100 a year per store??? $2 a week???? even if we take the 5 million dollar level, the suggestion is that SDC is very low cost. getting to 100,000 stores will yield a gross of maybe $25 million dollars? with a net income of maybe 2.5 million dollars and a market cap of 50 million. and that will take years achieve. so the stock is worth $1.25 after achieving those sales. how does the math work here? i do not get it. what did i miss?
the press release does not say anything of the sort. it says that franchisees are free to use it if they want to. i would expect the rate of adoption to be poor if this press release is any indication. subway isn't even suggesting it be used or recommending it. and what is "use"? primary disinfection? secondary?
i think the sales figures were made up entirely out of the air. vaporware. i do believe the numbers any more.
my guess is someone got played who does not understand how to purchase a stock. up 25% on no volume (less than 50,000 shares) is market maker's paradise. i hope it goes to $2 on this lovely person's hopes and dreams.
understood. i just dont think it makes much sense to expect $2.50 when the company just told you not to. and even at $2.50 that is not a $50 price at the historic pe ratios.
1. we are so busy with unexpected demand. but this will not add to revenue.
2. we are excited every patient will have access. but only half the patients qualify, so they wont all have access.
3. prolaris will be cleared in 90 days most likely, but will not add to revenue.
so everything is really great. but we do not expect it to result in growth. oh great. sounds like a pretty poor announcement for shareholders, although very nice for salaried employees. and what did the stock do? tanked. seems to happen a lot these days.
a low pe? like your uptrend, it does not exist.
the company just said there is not much growth. mygn could absolutely trade to $25 in a poor market. why own this now? they just said the year is flat and warned on one quarter. once they start warning, it can lead off a trend of revisions. the shorts here played this very well. the company played their hand poorly and they continue to do a terrible marketing job.
burying the prolaris announcement? i have to figure that one out. but i have long been skeptical about the game they are playing with my shares. great potential here, but clearly this is a rough patch and the stock is dead money for a year or more.
no, mygn is not in an uptrend of any importance. the stock has been dead flat for months. it did well early in the year. what the rest of the market does is of little consequence as the pe is already low relative to the market. zacks is a clown btw.
chris reed confused you? how unique! how odd! let me try to assist.
no, the sales are not currently in demand. they are planning for the next 6-7 years or so when at current growth they will get to that amount of sales assuming everything stays the same. oddly, chris said they were looking to change to syrup, meaning you dont need bottling capacity. you use bottlers. but lets ignore the conflict. the expansion also means they do not expect to break out into mainstream by much over that period of time. a continued rate of 15%- 20% a year top line domestic growth.
with a profit of 2 million or so next year a PE of 20 would put the stock about $3 - 4 a share roughly.
a 2 million dollar national ad budget? this is hardly the verge of breaking into mainstream hc wainright was referring to.
they need a new ceo who knows how to build a brand. we need chris to be chairman and head of product development or something. the business is a hobby now. business week article says that Pepsi is coming into the craft space with Caleb Cola. it will outsell china cola within about 4 minutes of introduction. since reed neglected to stake out a position of dominance like Sam Adams in beer, i can see reed being kicked aside as the majors introduce "craft" labels. chris does not see the threat. and he forgot to prepare.
reinforces the failure jones is known for to this day. and could someone please tell them to stop calling jones craft soda? there is nothing craft about it. cue wouldn't understand a craft if one fell on her. although i look forward to an analysis of the upcoming boom in sparkling waters. what? oh, that was 2003 calling.
in fact i can not imagine an easier environment to cover a short than a million shares with no change in price, day after day.
newt, come on dude. enough.
all nonsense. easy as pie to cover. 900k shares today with a $1.50 drop. there are tons of shares available for sale and any single short can cover in a a few days at this point.
here to stay? what are you talking about. it lasted an hour, now the stock is exactly where it was a day ago, but with overhead selling supply of investors who bought higher than current price. i said it would drop just as precipitously and it was a momo trade. now you post how this analysis was wrong and you are so insightful? even though the facts are exactly the opposite? some trippy #$%$.
i hope the company and the stock does well. however, they have a long way to go to justify the market cap if the stock is going to trade rationally. if pure was a private company now, it would be valued for a few million dollars as a perpetually failed start up with almost no sales and millions in annual losses. of course, it is a public company but the recent financing is a strong anchor of the share price to about 75 cents. i do not think they will respond to the ebola situation and likely they will lose another of many, many opportunities. i will not be surprised to see a 70 cent share price this year. i hope things work out better, but i am not sanguine.
#$%$? you are just making up numbers. why not $100 a share? ooh $300 a share. hey, i hope it goes to $500. i own it. i will not lie about it though. that helps no one. 5x revenue two years out is insanely high as a valuation. insane. and that is even a made up number. it is a momo play now due to some hidden group of traders coming in as a pure ebola play. when they leave, it will plummet. in the meantime, it might trade to $3-$5 just on momo. bless its heart.