no doubt. long term view. no brainer. you could buy almost any blue chip stock and say the same thing.
it is about comparative return. it is about how you invest. i have no issue with anyone buying here. my point is what a profound embarrassment for it to be trading here after 8 years on the market. you know that GT kombucha - in an ipo worth maybe 1.5 billion. and reeds were founded at the same time. both natural drink companies. the latter valued at 60 million only because of the perversion of pricing in the the stock market, and still losing money for investors, but not for chris reed who is well paid.
i know what you are thinking shareholders!! dont despair, chris reed is still being paid regularly. can you imagine jones soda surpassing reeds in market cap? trends are starting to show it. i am assuming the signs are clear that reed completely blew the quarter with manufacturing and idstribution problems (jones rarely mentions the production difficulties of making fizzy water.
i said this before nut, you have been wrong for a while now. the company is not running out of cash anytime soon and they will likely report 0 cents a share, maybe 0 cents with positive earnings. lemoncocco is an interesting concept but it will probably be poorly formulated and poorly distributed and badly marketed. cue is cfo, she should stay a cfo.
i am happy to see some buying in the stock, probably with expectation of q3 being decent financially. maybe cue catches up to reed! its like the battle of the incompetents. who can screw up the least.
lemoncocco and fountain? cue could not market water in the mojave. so dont count on fountain or lemoncocco doing a thing. they have cut costs and sales to all time lows, so at some pathetic point you can make a profit. so it will trade as a penny stock making between zero and a penny. as the market for childrens' soda gradually dies out. but hey someone has to make polysorbate 80 and aritificial flavors and colors to little kids at halloween. she is really on the cutting edge.
you need to clarify your thinking. global warming and womens rights are baloney? sewers come first? wow. you are clueless. damn liberals! george bush had everything running smoothly, then this liberal, communist, radical christian, muslim, non-american dark skinned president single handedly gave back all the gains the republicans achieved. 2008 was paradise.
i disagree with nothing in your post. i have been saying this for a long time. there is no reason for the stock to stay above $2.50 a share in a market pullback. and chris will blame everyone but himself. he flat out sucks at running a company, but he makes a decent soda. i have essentially switched to buying GT ginger kombucha since its at costco and convenient and always in stock now. reed literally has not done anything right in two years. you cant even distinguish from one product to the other on the shelf. he just flat sucks as a businessman, marketer, and you wind up losing money every quarter and trading at 1x sales. he should be ashamed.
yes, it does. wmt wants cheap, not good. there is no home improvement retail chain that sells quality.
of course. retailers running a 5000 sku store dont have time nor patience for a supplier that is constantly unable to supply. ten other kombucha companies would love the account and actually know what they are doing. when a buyer walks through the javits center and see a chaotic, messy, cheap booth, they dont place the order. when sprouts needs its shelves stocked, they dont wait until next quarter for the vendor to ship product.
chris reed needs to resign as ceo.
i bet they have received plenty of take-under offers this year. 25 million, etc... and turned them down.
if chris reed continues to destroy Reeds' future and jen clueless shows a profit this past quarter, it is possible that the market cap of jones could exceed that of reeds. now, i doubt this will happen, but it is within the realm of possibility.
sadly, as the technology becomes more important to the chinese, the chinese will make a greater effort to steal the IP and make their own. they are not the clients you want to have. in fact, they will steal your ip then compete against you in international markets. i do not see china as being anything other than a tar pit for maxwell. the regard for maxwell is such that it cant struggle out of the $5s anymore. i think the day of judgment is coming though when the economy will have to change aggressively. but it will start outside the US.
sigh, it is not that hard to deduce. they are a consulting company. they are not terribly scalable. so the pe is discounted. personally, i think the pe will expand as the business becomes steadier. alt energy requires some sophisticated engineering. this must now happen. the die is cast, oil and coal hung on as long as they could and destroyed the world. but now that it is too late to mitigate catastrophic losses, the energy engineers are stepping in. people with their experience will be highly valued going forward.
yes, the market is huge. i am making a new airplane. i understand the market is huge.
like the surface disinfection market is tiny? it is not about market size. it is a fact that they cannot sell this product in quantity even to subway. it has failed to launch. and as we have seen the cost of the product is miniscule. that is why the stock didnt go up on any of the announcements. no one cares.
horsehockey. if he could do it over again? lol. chris reed doesnt think he made any mistakes at all. he thinks he is awesome. having your investors crushed was just the vagaries of the market. you cant just build a company in only 20 years. you ask too much. new 52 week low today. hey, i called jones outperforming reed. funny, i wonder if chris thinks about how jennifer cue is doing a better job than he is this year.
i dont huh? how is it in a multiyear decline? look at a stock chart. in fact look at it for the life of the security. the company loses money. it is not profitable. that is not a successful company when you use other peoples money to fund your company. the stock is just over 52 week lows. the stock is just over multi-year lows. and despite increased sales they have UTTERLY wrecked th potential of what the company could have been. go into whole foods and ask for high-end ginger ale now. there are a dozen offerings. is reeds the best? probably not any more. so reeds is another player in the space, being passed in sales by other producers. and if you dont think chris is flat out clueless go back and listen to the conference calls. like the one where he said he didnt know why ginger sales were so strong in the quarter. oprah winfrey? moscow mule. just took 5 years to figure out that was valuable. you go figger it out.
because distribution is tiny and limited to cali and oregon, so why pr it? someone could do well with the product, but not jen clueless. she thinks the way to make money is halloween flavors of artificially flavored soda for children. fiat. sell to children. fiat. sell to children. fiat. so confusing.
the business is a disastrous money losing mess in a multi-year downtrend. and they blew the summer. maybe by next spring they will have things in order, although they have never had things in order. its not hard to increase the sales of an item when you lose money on every sale.